The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million ...

According to the U.S. Energy Information Administration, the SPR has dropped to its lowest level since 1985. Stockpiles have fallen to just under 445 million barrels from their pre-release levels ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels ...

but the reserve still remains at a historically low level. Overall, the president ordered DOE to release a total of about 260 million barrels of oil from the SPR in 2021 and 2022. Although the ...