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US oil jumps above $80 per barrel as Strategic Petroleum Reserve reaches lowest level since 1983
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New York PostRight
US oil jumps above $80 per barrel as Strategic Petroleum Reserve reaches lowest level since 1983
West Texas Intermediate crude oil prices rose 4.6% to $81.78 a barrel while Brent crude increased 4.7% to $87.45 a barrel.
Aug 10, 2026
Washington ExaminerRight
Strategic Petroleum Reserve hits lowest level since January 1983
The United States’s emergency stockpile of oil reserves has hit its lowest level since early 1983, as the Trump administration releases crude oil to prevent costs from skyrocketing as the war in Iran drags on. Data released Monday by the Energy Department showed that, for the first time since it was filled, the Strategic Petroleum […]
Aug 10, 2026