Report
US Strategic Petroleum Reserve reportedly falls to 283 million barrels, its lowest level since 1982
The Kobeissi Letter says inventories fell 767,000 barrels the previous week, marking a 28th consecutive weekly decline.
TLDR
On October 5, The Kobeissi Letter said US Strategic Petroleum Reserve inventories had fallen to 283 million barrels, their lowest level since 1982. It reported a 767,000-barrel drop the previous week, marking the 28th straight weekly decline, and said inventories were down nearly 133 million barrels from their high.
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