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Oil stocks in US Strategic Petroleum Reserve fall by 3.1 million barrels to lowest level since 1982

Reuters · last updated

Aug 31 (Reuters) — Stocks of crude oil ​in the ‌U.S. Strategic Petroleum Reserve fell ​by ​about 3.1 million barrels ⁠to 286.6 ​million barrels ​last week, the lowest level since ​November 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.

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Reporting ⁠by ​Anjana Anil ​in Bengaluru; Editing ​by Mark Porter

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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