US Strategic Oil Reserve Hits 43-Year Low

Hyperdash News08/21/2026 01:22 UTCCommodities

The US Strategic Petroleum Reserve (SPR) has decreased by 5.3 million barrels, bringing its total to 293.4 million barrels. This marks the lowest level for the SPR since 1982.

The reduction in strategic oil reserves could indicate tighter supply conditions in the oil market. Such a decline in reserves typically suggests potential upward pressure on crude oil prices.

WTI Crude has given back -0.05% on Hyperdash since the news, with

Brent Crude down -0.07%.

Sources

First Squawk

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