U.S. Strategic Petroleum Reserve Hits Lowest Level Since July 1983 as of June 12

According to Jin10 data, U.S. Strategic Petroleum Reserve stocks fell to their lowest level since July 29, 1983, as of the week ending June 12, 2026. U.S. crude oil inventories excluding strategic reserves declined for the eighth consecutive week, with the current drawdown marking the largest weekly decrease since mid-February 2026.
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