U.S. Strategic Oil Reserve Drops Below 300M Barrels for First Time Since 1983
The U.S. Strategic Petroleum Reserve fell by 6.1 million barrels last week to 298.7 million barrels, its lowest since January 1983 and the first time below the 300-million-barrel mark in four decades.
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The U.S. Strategic Petroleum Reserve dropped by 6.1 million barrels last week to 298.7 million barrels, data showed.
That marks the lowest level for the emergency stockpile since January 1983 and the first time it has slipped below 300 million barrels in over 40 years.
Source: First Squawk