EIA: US SPR Stocks Fall to Lowest Since October 1982


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Strategic Petroleum Reserve inventories fell to 
their lowest level in nearly 44 years during the week ended September 18, 
according to Energy Information Administration data released Wednesday (9/23).

   Crude oil held in the SPR declined by 400,000 bbl to 284.6 million bbl from 
285 million bbl the previous week. The latest level is the lowest since the 
week ended October 29, 1982, when the reserve held 284.268 million bbl, EIA 
historical data shows.

   SPR inventories were 121.4 million bbl, or 29.9%, below the 406 million bbl 
reported during the comparable week of 2025.

   The decline extends a sharp drawdown in the reserve this year as barrels 
continue to be delivered under an emergency exchange announced by the 
Department of Energy. The U.S. committed 172 million bbl from the SPR as its 
contribution to a coordinated 400 million bbl release by International Energy 
Agency member countries.

   The emergency exchange has pushed U.S. strategic crude holdings back to 
levels last recorded in the early years of the reserve, when the government was 
still building inventories following the SPR's creation in the 1970s.

    




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