http://www.wsj.com/articles/oil-holds-on-to-bulk-of-recent-gains-1423031216?mod=WSJ_hp_LEFTWhatsNewsCollection

(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2\u0026mark_id=5310481#27250028)

(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 5.1 million barrels to 311.4 million barrels last week, the lowest level since March 1983, 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. Since the U.S.-Israeli war on Iran began at the end of February, SPR inventories have fallen by 104.04 million barrels as of July 17.

https://energynow.com/2026/07/oil-stocks-in-us-strategic-petroleum-reserve-fall-by-5-1-million-barrels-to-lowest-level-since-1983/#:~:text=(Reuters)%20%E2%80%93%20Stocks%20of%20crude%20oil%20in,release%20172%20million%20barrels%20from%20the%20facility.

(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2\u0026mark_id=5310481#50013764)

(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2\u0026mark_id=5310481#50013765)

Lol, if we really have 762M barrels in reserve, I'm now on Drumpf's side in thinking these oil companies need to be Investigated Very Strongly.

(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2\u0026mark_id=5310481#50013770)

The U.S. Department of Energy reported that the Strategic Petroleum Reserve (SPR) fell by 5.1 million barrels in the week ending July 17, bringing total reserves down to 311.4 million barrels, the lowest level in 43 years since March 1983. Since the outbreak of the U.S.-Iran conflict in late February, the SPR has released a cumulative 104.04 million barrels, with approximately 60% of the planned drawdown now executed. Against a backdrop of disrupted shipping in the Strait of Hormuz and Houthi threats to blockade Saudi maritime transport, total U.S. petroleum inventories have simultaneously fallen to their lowest since 1984, rapidly narrowing the energy security buffer. Market analysis indicates the real risk is shifting from crude oil to refined product shortages, with global refinery processing volumes plunging and U.S. refinery crack spreads hitting record highs. Production capacity is unlikely to recover in the short term, placing contractionary pressure on the global economy.

https://finance.biggo.com/news/30f39959-760e-40e5-b850-08635b5ff10c

(http://www.autoadmit.com/thread.php?thread_id=2800280&forum_id=2\u0026mark_id=5310481#50013772)