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Oil stocks in US Strategic Petroleum Reserve fall by 2.85 million barrels to lowest level since 1983 
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Oil stocks in US Strategic Petroleum Reserve fall by 2.85 million barrels to lowest level since 1983 
Aug 3, 2026 8:24 AM

HOUSTON, Aug 3 (Reuters) - Stocks of crude oil in the U.S.

Strategic Petroleum Reserve fell by about 2.85 million barrels

to 304.8 million barrels last week, the lowest level since

February 1983, according to data from the Department of Energy.

The drawdowns are part of a U.S. agreement to

release 172 million barrels from the facility.

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