The U.S. Strategic Petroleum Reserve fell by ~3.1 million barrels to 286.6 million barrels last week, the lowest since November 1982. The drawdown suggests a tightening supply buffer that could modestly support crude prices, though it is unlikely to be market-wide on its own.
The U.S. Strategic Petroleum Reserve fell by ~3.1 million barrels to 286.6 million barrels last week, the lowest since November 1982. The drawdown suggests a tightening supply buffer that could modestly support crude prices, though it is unlikely to be market-wide on its own.
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mildly negative
Sentiment Score
-0.15
