{"id":3292,"date":"2026-06-29T20:15:39","date_gmt":"2026-06-29T20:15:39","guid":{"rendered":"https:\/\/reliablemovingcrews.com\/?p=3292"},"modified":"2026-06-29T20:15:39","modified_gmt":"2026-06-29T20:15:39","slug":"oil-stocks-in-us-strategic-petroleum-reserve-fall-by-5-5-million-to-lowest-level-since-1983","status":"publish","type":"post","link":"https:\/\/reliablemovingcrews.com\/?p=3292","title":{"rendered":"Oil stocks in US Strategic Petroleum Reserve fall by 5.5 million to lowest level since 1983"},"content":{"rendered":"<div>\n<div>HOUSTON, June 29 (Reuters) &#8211; Stocks of \u200bcrude oil in the U.S. \u200cStrategic Petroleum Reserve fell by 5.5 million barrels to 325.7 million barrels, \u200bthe lowest level since May \u200b1983, according to data from the \u2060Department of Energy.<\/div>\n<div>The drawdowns are \u200ba part of a U.S. \u200bagreement to release 172 million barrels from the facility to plug a gap in \u200bglobal inventories after the Iran \u200bwar and help push down fuel prices.<\/div>\n<div>U.S. \u200ccrude \u2060stocks have rapidly declined in recent weeks due to strong export and refining demand for American \u200boil.<\/div>\n<div>Since the \u200bwar began \u2060at the end of February, overall U.S. inventories, \u200bincluding commercial and SPR stocks, \u200bhave \u2060fallen by 111.4 million barrels to 743.3 million barrels as of \u2060June \u200b19, the lowest \u200bsince 1984.<\/div>\n<\/div>\n<p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=3290\">Borrowed money fueling US stock rally is getting more expensive<\/a><\/p>\n<p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=3288\">Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak<\/a><\/p>\n<p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=3286\">What\u2019s good for the US economy now may not be good for stocks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks of \u200bcrude oil in the U.S. \u200cStrategic Petroleum Reserve fell by 5.5 million barrels to 325.7 million barrels, \u200bthe lowest level since May \u200b1983, according to data from the \u2060Department of Energy.<\/p>\n","protected":false},"author":1,"featured_media":3291,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[21,86],"class_list":["post-3292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-energy","tag-storage"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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