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Oil stocks in US Strategic Petroleum Reserve fall to lowest since 1983
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Oil stocks in US Strategic Petroleum Reserve fall to lowest since 1983
Jun 22, 2026 9:33 AM

HOUSTON, June 22 (Reuters) - Stocks of crude oil in the U.S.

Strategic Petroleum Reserve fell to 331.2 million barrels, the

lowest level since June 1983, according to data from the

Department of Energy.

Inventories in the government's emergency stash fell by 9.05

million barrels, the third steepest draw on record. The

drawdowns are a part of a U.S. agreement to release 172 million

barrels from the facility.

(Reporting by Arathy Somasekhar in Houston)

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