According to market sources, the U.S. Strategic Petroleum Reserve (SPR) crude oil inventory fell by approximately 9.1 million barrels last week to 331.2 million barrels, the lowest level since 1983. The data was reported by Jinshi Data on June 23 and relayed by BlockBeats.
The SPR is a key component of U.S. energy security, established in the 1970s to mitigate oil supply disruptions. The current inventory level marks the lowest since 1983, indicating continued depletion of the reserve. This reduction underscores the ongoing drawdown of the strategic reserve, providing a snapshot of the nation's emergency oil stockpile.
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