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US releases 172 million barrels from Strategic Petroleum Reserve

9/2/2026

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Story summary
  • The United States released 172 million barrels from the Strategic Petroleum Reserve as a loan.
  • The release drops the reserve to 286.6 million barrels, about 40% of its 714 million-barrel capacity, the lowest level since 1982.
  • Companies must repay the loan with roughly 40 million barrels by late 2028.
  • Energy experts warn the low reserve limits policy flexibility and could raise oil prices if further releases occur.