Dossier
U.S. emergency oil reserve
Coverage of U.S. emergency oil reserve in the Nexus archive.
- The U.S. emergency oil reserve has drained to its lowest level since 1983
The U.S. emergency oil reserve has reached its lowest level since 1983, dropping to 311.4 million barrels last week. This decline is due to a 172 million-barrel emergency release linked to the war with Iran.