US Strategic Petroleum Reserve Falls to Lowest Level Since 1982 - Sarmad

Data from the U.S. Department of Energy showed that crude oil stocks in the U.S. Strategic Petroleum Reserve fell by about 1.2 million barrels last week to 285.4 million barrels, marking the lowest level since November 1982.

This decline comes as part of a U.S. agreement to draw down 172 million barrels from the reserve.