Strategic Petroleum Reserve
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US crude oil exports have dropped amid stretched inventories and flat production, with the Strategic Petroleum Reserve falling to a 43-year low.
The decline in exports is also attributed to continuing uncertainty over the Iran conflict, potentially impacting importers like Japan that had sought alternatives to Middle East procurement.
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Escalating U.S.-Iran Tensions Push Oil Prices Back Above $80; U.S. Energy Secretary Says No Further Large-Scale Release of Strategic Petroleum Reserve (SPR) Is Expected
As tensions between the U.S. and Iran continue to escalate, the crude oil market is under upward pressure, with benchmark futures prices having returned to above $80 per barrel. U.S. Energy Secretary
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Crude oil stocks in the U.S. Strategic Petroleum Reserve fell to 311.4 million barrels last week, the lowest level since 1983.
Svmuu News: Crude oil stocks in the U.S. Strategic Petroleum Reserve fell by approximately 5.1 million barrels last week, dropping to 311.4 million barrels—the lowest level since 1983. (Jin Shi)
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U.S. EIA Strategic Petroleum Reserve inventory for the week ending June 12: -8.941 million barrels, compared with the previous reading of -7.927 million barrels
Svmuu News: U.S. EIA Strategic Petroleum Reserve inventories for the week ending June 12 stood at -8.941 million barrels, compared to the previous reading of -7.927 million barrels. U.S. EIA crude oil
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U.S. EIA Strategic Petroleum Reserve Stocks for the Week Ending June 5: -7.927 million barrels, compared to a previous value of -7.993 million barrels
Svmuu News: U.S. EIA Strategic Petroleum Reserve stocks for the week ending June 5 decreased by 7.927 million barrels, the lowest since the week ending August 18, 2023, compared to a previous decrease
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US crude oil exports have dropped amid stretched inventories and flat production, with the Strategic Petroleum Reserve falling to a 43-year low.
The decline in exports is also attributed to continuing uncertainty over the Iran conflict, potentially impacting importers like Japan that had sought alternatives to Middle East procurement.
-
Escalating U.S.-Iran Tensions Push Oil Prices Back Above $80; U.S. Energy Secretary Says No Further Large-Scale Release of Strategic Petroleum Reserve (SPR) Is Expected
As tensions between the U.S. and Iran continue to escalate, the crude oil market is under upward pressure, with benchmark futures prices having returned to above $80 per barrel. U.S. Energy Secretary
-
Crude oil stocks in the U.S. Strategic Petroleum Reserve fell to 311.4 million barrels last week, the lowest level since 1983.
Svmuu News: Crude oil stocks in the U.S. Strategic Petroleum Reserve fell by approximately 5.1 million barrels last week, dropping to 311.4 million barrels—the lowest level since 1983. (Jin Shi)
-
U.S. EIA Strategic Petroleum Reserve inventory for the week ending June 12: -8.941 million barrels, compared with the previous reading of -7.927 million barrels
Svmuu News: U.S. EIA Strategic Petroleum Reserve inventories for the week ending June 12 stood at -8.941 million barrels, compared to the previous reading of -7.927 million barrels. U.S. EIA crude oil
-
U.S. EIA Strategic Petroleum Reserve Stocks for the Week Ending June 5: -7.927 million barrels, compared to a previous value of -7.993 million barrels
Svmuu News: U.S. EIA Strategic Petroleum Reserve stocks for the week ending June 5 decreased by 7.927 million barrels, the lowest since the week ending August 18, 2023, compared to a previous decrease
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Strategic Petroleum Reserve
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