Commodities and Futures News
Crude in U.S. emergency reserve falls to lowest since Nov. 1984
2022.09.08 00:51
FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo/File Photo
HOUSTON (Reuters) – Crude inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sep. 2 to 442.5 million barrels, their lowest level since November 1984, according to data https://www.spr.doe.gov/dir/dir.html from the Department of Energy.
About 5.9 million barrels released from the SPR were sweet crude, while 1.7 million barrels released were sour crude.
