US Strategic Petroleum Reserve Falls 8.6 Million Barrels, Biggest Weekly Drop on Record
Summary
- The US Strategic Petroleum Reserve fell by about 8.6 million barrels last week, according to the report.
- Cointelegraph said the drop was the largest weekly decline on record.
- The decline extended the fall in the US Strategic Petroleum Reserve to seven straight weeks, the report said.
Forecast Trend Report by Period
The US Strategic Petroleum Reserve fell by about 8.6 million barrels last week, Cointelegraph reported, marking the biggest weekly decline on record.
A Cointelegraph post published on May 15 said the drop extended the reserve's decline to a seventh straight week. The post put last week's decrease at about 8.6 million barrels.
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