Will US crude oil reserves fall to __ by August 28?225M
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The US oil reserves have plummeted: inventories have fallen to 298.7 million barrels, their lowest critical level in over four decades. Since March, 116.7 million barrels have been extracted in 20 consecutive weeks, and official projections estimate that inventories could collapse to 243.4 million barrels. Share and comment: What impact will this have on energy prices? #USA #Oil #Energy #StrategicReserve #teleSUR #Aug25
Trump's oil anti-shock drops again The US strategic oil reserves fell by 3.7 million barrels for the 21st consecutive week, reaching 289.7 million barrels; the lowest level in 43 years. The reserves were created to contain oil price shocks.
Trump's oil anti-shock has decreased again The latest statistics show that the US strategic reserves have decreased by another 3.7 million barrels in the 21st consecutive week since the country's attack on Iran, reaching 289.7 million barrels, which is unprecedented in the past 43 years of the United States. These reserves are the same reserves that the US Treasury Department has created to control oil price shocks.
@Farsna - Link [in reply to: US Treasury Secretary: Today we witnessed a sudden increase in oil prices, which I really don't understand why. The US President spoke today of intensifying economic measures against Iran.
@Farsna]
US Strategic Petroleum Reserves Drop to 289.7 Million Barrels According to the latest official report from the US Energy Information Administration and Strategic Petroleum Reserves, the composition of current reserves includes 98.7 million barrels of sweet crude oil and 191 million barrels of sour crude oil. Energy market analysts believe that the continuous decline in the volume of US strategic petroleum reserves to below 290 million barrels has greatly increased the risks of energy supply for this country in the event of unexpected geopolitical crises. Mizan on social networks @mizanplus
US Strategic Petroleum Reserves Drop to 289.7 Million Barrels According to the latest official report from the US Energy Information Administration and Strategic Petroleum Reserves, the composition of current reserves includes 98.7 million barrels of sweet crude oil and 191 million barrels of sour crude oil. Energy market analysts believe that the continuous decline in the volume of US strategic petroleum reserves to below 290 million barrels has greatly increased the risks of energy supply for this country in the event of unexpected geopolitical crises. Get the latest news:
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US Strategic Petroleum Reserves Drop to 289.7 Million Barrels According to the latest official report from the US Energy Information Administration and Strategic Petroleum Reserves, the composition of current reserves includes 98.7 million barrels of sweet crude oil and 191 million barrels of sour crude oil. Energy market analysts believe that the continuous decline in the volume of US strategic petroleum reserves to below 290 million barrels has greatly increased the risks of energy supply for the country in the event of unexpected geopolitical crises.
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The US strategic petroleum reserve fell to 298.7 million barrels, its lowest level since November 1982. #USA #Oil #teleSUR #Aug24
NONews98%match99¢+1%
The US Strategic Oil Reserve fell to its lowest level since November 1982, 289.7 million barrels, at the end of the week ending August 21, according to the country's Energy Department.
The US strategic petroleum reserve has fallen to its lowest level in 43 years. Stockpiles dropped to 298.7 million barrels amid the pressure of the trade war with Iran on oil markets. #AlArabyInfographic
Crude oil inventories in the US Strategic Petroleum Reserve fell by about 5.3 million barrels to 293.4 million barrels last week, their lowest level since 1982. #Arabic_Business
Reuters: Crude oil inventories in the US Strategic Petroleum Reserve fell to 293.4 million barrels last week, their lowest level since 1982.
NONews97%match99¢+1%
The US strategic oil reserve fell to its lowest level since December 1982, 293.4 million barrels, at the end of the week ending August 14, according to the country's energy ministry.
#OOTT | Stocks Of Crude Oil In US SPR Fell By About 5.3M Bbls To 293.4M Bbls Last Week, Lowest Since 1982 - RTRS
STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE FELL BY ABOUT 5.3 MLN BARRELS TO 293.4 MLN BARRELS LAST WEEK, LOWEST SINCE 1982
The world's oil reserves on the water are running out Statistics from energy market analysis and shipping tracking company Vertexa show that in four weeks, 175 million barrels of oil reserves on the water in the world have been reduced, and oil reserves on land have decreased by another 81 million barrels. The main factor in this situation is the 5 million barrels per day drop in exports from five key producers. Vertska says that floating oil is now declining at a faster rate than during the war with Iran, at 9 million barrels per day.
@Farsna - Link [in reply to: US strategic oil reserves fall to lowest level since 1983 The US strategic crude oil reserves fell by 3 million barrels last week to 316.5 million barrels, the lowest level recorded since 1983. According to data from the US Department of Energy, these reserves now hold less than half of their maximum capacity of about 727 million barrels. The decline comes at a time when the US has authorized the release of 172 million barrels of oil from these reserves since last March in response to oil supply disruptions caused by the war with Iran The biggest factor in this decrease is the US-Israeli war against Iran.
@Farsna - Link]
America's emergency oil stockpile just fell to a level not seen since the Reagan era. • • The Strategic Petroleum Reserve dropped by 6.1 million barrels last week to 298.7 million, its lowest level since 1983. • • The decline came as the Trump administration continued releases authorized after the Iran war disrupted tanker traffic through the Strait of Hormuz. The reserve held roughly 415 million barrels in mid-March.
STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE FELL BY ABOUT 6.1 MLN BARRELS TO 298.7 MLN BARRELS LAST WEEK, LOWEST SINCE 1983
Crude +2.479MM, Exp. -1.5MM • Gasoline -1.643MM • Distillates -3.473MM • Cushing +2.356 • • SPR down another 2.8mm barrels to 3.05MM, lowest since Feb 1983
STOCKS OF CRUDE OIL IN THE US STRATEGIC PETROLEUM RESERVE FELL BY ABOUT 2.85 MLN BARRELS TO 304.8 MLN BARRELS LAST WEEK, LOWEST SINCE 1983
Crude -7.167MM, Exp. +1.00MM • Gasoline +7K • Distillates +1.062MM • Cushing -771K • Production -2kb/s to 13.796MM • • SPR -5.057MM to 307.650MM • • All reserves will hit a brick wall at the same time.
Where does the news lean?
2YES20NO12neutraltrailing 24h
Average match confidence across the listed signals: 96%.
What would make this resolve YES?
This market will resolve to “Yes” if the U.S. Energy Information Administration publishes a weekly figure for U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve less than or equal to the specified value for any week ending on or before August 28, 2026. Otherwise, this market will resolve to “No”.
This market will resolve as soon as the listed value is reached, or once data has been released for the final week ending on or before August 28, 2026, and the listed value has not been reached.
If data has not been released for the final week ending on or before August 28, 2026, by September 9, 2026, 11:59 PM ET, this market will resolve based on the data available at that time.
The primary resolution source for this market will be the U.S. Energy Information Administration, specifically the weekly data published for the U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W.
Note: this market’s resolution source publishes weekly values of U.S. Ending Stocks of Crude Oil in the Strategic Petroleum Reserve in thousands of barrels. Thus, this will be the level of specificity used to resolve this market.
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