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Stocks of crude oil in the US Strategic Petroleum Reserve fell to 283 million barrels last week, the lowest level since October 1982, according to data from the Department of Energy, Reuters reported. The drawdowns are part of a US agreement to release 172 million barrels from the facility. Additionally, the Trump…
Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell to 283 million barrels last week, the lowest level since October 1982, 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. Additionally, the Trump administration…
Europe has released considerably less crude oil and refined products than it originally pledged in March.