US Strategic Petroleum Reserve at 1982 Lows; Oil Market Tightening
US SPR stocks fell to 282.6 million barrels — the lowest level since 1982 — after Trump reportedly released an additional 100K barrels and hit the operational limit, while Trump's gasoline prices now exceed Biden's average ahead of midterms.
What we know
An account on X reported the SPR at 282.6M barrels, lowest since 1982 (116 likes, 72K views). Another account on X added political color: 'Trump releases 100k barrels of oil from the SPR. Operational limit has been hit. It's all gone' (735 likes, 14K views). Another account on X noted Trump's gasoline prices now exceed Biden's average as midterms approach — a potentially damaging political datapoint. Meanwhile Brent reversed higher near $117/bbl, compounded by the UAE oil spill widening after a tanker hit.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.