RESOLVING THE LEDGER
This is one outlet's own report from CNBC — the article as it was filed. Other outlets are covering the same event; open the full story to compare every source side by side.
See the full story · 2 sources
Crude oil stocks in the U.S. Strategic Petroleum Reserve have fallen below 300 million barrels, the lowest level since 1983, as global inventories are under pressure due to the Iran war.
The SPR fell by 6.1 million barrels to 298.7 million barrels last week, according to data released by the Department of Energy on Monday.
President Donald Trump ordered the release of 172 million barrels in March to help address the oil supply disruption triggered by Iran's attacks on tankers in the Strait of Hormuz.
The U.S. release is part of a coordinated action by countries in the International Energy Agency to support the global oil market with 400 million barrels .
This is breaking news. Please refresh for updates.
Got a confidential news tip? We want to hear from you.
Get this delivered to your inbox, and more info about our products and services.
Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.
AIPROPX is an independent multi-source news index — we track, compare, and connect coverage from across the web into one place you won't find anywhere else.