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Oil stocks in US strategic petroleum reserve fall to lowest level since 1982

Stocks of crude oil in the US Strategic Petroleum Reserve fell to 282.2 million barrels last week, the lowest level since October 1982, according to data from the Department of Energy. The recent drawdowns have been part of a US agreement to release 172 million barrels from the facility. Oil drops 6% as Iran signals openness to peace talks The US government said last week that oil companies have…

Oil stocks in US strategic petroleum reserve fall to lowest level since 1982

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