Summary
- Walter Bloomberg reported that US Strategic Petroleum Reserve (SPR) inventories fell by about 2.85 million barrels last week.
- US Strategic Petroleum Reserve (SPR) inventories dropped to 304.8 million barrels, the lowest level since 1983, Walter Bloomberg said.
- The latest drawdown left the US Strategic Petroleum Reserve at its lowest level in about 43 years.
US Strategic Petroleum Reserve stockpiles fell by about 2.85 million barrels last week to 304.8 million barrels, according to Walter Bloomberg on August 3. That was the lowest level since 1983.
The latest drawdown left the US Strategic Petroleum Reserve at its lowest level in about 43 years.
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