Emergency US oil reserves hit near two-year low amid global supply shock

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 9.1 million barrels in the week ending May 15.

Crude oil inventories in the United States decreased by 7.9 million barrels during the week ending May 15, according to new data from the U.S. Energy Information Administration…

As countries scramble to tap all available inventories amid the protracted Mideast supply shock, the US is leading the charge on releasing supplies from its strategic reserves.

Standard Chartered warns the rapid SPR drawdowns and other emergency measures are only temporary fixes, with physical oil market tightness likely to return once reserve releases…

America's emergency oil reserve is shrinking at a record pace. Find out why the SPR buffer is disappearing as oil tops $100.

U.S. commercial crude inventories have erased their entire 2026 build in just five weeks, with massive Strategic Petroleum Reserve releases masking what would otherwise be a far…

Emergency US oil reserves hit near two-year low amid global supply shock