U.S. Strategic Petroleum Reserve crude oil inventories fall to the lowest level since 1983

Golden Finance reports that on June 23, according to data released by the U.S. Department of Energy, crude oil inventories in the U.S. Strategic Petroleum Reserve dropped to 331.2 million barrels, the lowest level since June 1983.
The government's emergency petroleum reserve stockpile decreased by 9.05 million barrels, marking the third-largest weekly decline on record.
This inventory decrease is part of the U.S. previously committed to releasing 172 million barrels of crude oil from the Strategic Petroleum Reserve.
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