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GgoogleUS first seen 4 d ago, last 20 h ago, peak #2

US Strategic Petroleum Reserve Stocks Fall to 283 Million Barrels

Original: petroleum

US Strategic Petroleum Reserve crude stocks dropped by 767,000 barrels last week, bringing the reserve down to 283 million barrels. At the same time, Marathon Petroleum is targeting 3 million barrels per day of throughput in the third quarter, raising questions about whether refinery output can be sustained. Traders and energy watchers are tracking both supply signals closely for clues on oil prices.

Why now: Falling US emergency crude reserves and strong refinery throughput are fresh supply-side signals moving oil market sentiment.

US Strategic Petroleum ReserveMarathon PetroleumUnited States

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