US oil reserves hit lowest levels since 1983 amid growing tensions with Iran and global supply concerns.
US oil reserves hit lowest level since 1983 amid growing tensions with Iran and global supply concerns.
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Last month, the United States Strategic Petroleum Reserve (SPR) fell to its lowest level since 1983 as renewed tensions between the United States and Iran raised concerns about the stability of global oil supplies and prices.
US President Donald Trump acknowledged to reporters on Wednesday that anytime the US strikes Iran, oil prices jump.
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US Strategic Petroleum Reserve hits its lowest level since 1983 as emergency oil releases continue amid the Iran conflict and…
US oil reserves hit a 40-year low amid Iran conflict. Crude oil reaching new all-time high by December 31 at 13% YES.
The reserve was created in 1975 in the wake of the Arab oil embargo, with the intention of protecting the markets and consumers…
The US Strategic Petroleum Reserve has fallen to 316.5 million barrels, the lowest since 1983, as Iran tensions trigger massive…
Oil executives have warned that global inventories are rapidly depleting due to the supply disruption triggered by the Iran war.
The US Strategic Petroleum Reserve has fallen to 349.2 million barrels, its lowest since 1983, after 66 million barrels were…
