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U.S. Strategic Petroleum Reserve Hits Two-Year Low at 357.1 Million Barrels

2026-06-01 20:35:25

According to U.S. Department of Energy data released this week, the nation's strategic petroleum reserve fell to 357.1 million barrels, the lowest level since January 2024. The Trump administration continues large-scale releases to address energy supply concerns stemming from U.S.-Iran tensions and Strait of Hormuz disruptions. Weekly inventory declined by 8 million barrels, following decreases of 9.1 million and a record 9.9 million barrels in the prior two weeks.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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