Key facts
- US SPR crude inventories decreased by 8.0 million barrels week-over-week.
- Total SPR crude inventories reached 357.1 million barrels.
- Sour crude inventories fell by 5.4 million barrels.
- Sweet crude inventories fell by 2.6 million barrels.
- The total crude draw for the week was 16.15 million barrels.
The Strategic Petroleum Reserve (SPR) is a U.S. national defense reserve of crude oil. Releases from the SPR are typically made to mitigate supply disruptions or to influence oil prices. Significant ongoing releases can impact global oil markets and domestic energy security.