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US Strategic Petroleum Reserve drops to 357 million barrels after fresh withdrawals – CNBC TV18

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US Strategic Petroleum Reserve drops to 357 million barrels after fresh withdrawals – CNBC TV18

The report also showed that total US crude oil inventories, including commercial and government reserves, declined to 709.8 million barrels from about 878 million barrels recorded in early April. The United States Strategic Petroleum Reserve (SPR) fell to 357.1 million barrels in the week ended May 29, its lowest level since January 2024, according to the US Energy Information Administration's…

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