Business
Crude Oil Supplies at Record Low
U.S. crude oil supplies are at their lowest level in 45 years, with the Strategic Petroleum Reserve reaching its nadir since 1983. This is attributed to ongoing tensions and reduced strategic reserves due to the Iran war.
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The Hill
U.S. crude oil supplies are at a 45-year low as the Iran war continues to tarnish strategic reserves. Bank of America Global Research data shows that the level of the U.S. Strategic Petroleum Reserve is at its lowest level since 1983, leaving the country with 43 days of crude oil supply, as reporte
2026-08-07 02:39 UTC