The U.S. Strategic Petroleum Reserve (SPR) is approaching its lowest level since 1983. This follows a series of large-scale withdrawals intended to stabilize global energy markets.
Inventories fell to approximately 365 million barrels in late May. Recent weekly drawdowns reached record speeds, with releases hitting 9.9 million barrels in a single week.
The depletion stems from a coordinated effort with the International Energy Agency to counter supply disruptions. Analysts warn the current release rate threatens the nation's capacity to respond to future energy crises.