US Strategic Petroleum Reserves supply is at 17 days, half the historical average, and oil prices are nearly 30% above the target price set for refilling.

“According to Reuters, the US currently has just 17 days of supply left in the Strategic Petroleum Reserves (SPR). This is roughly half the historical average of ~33 days dating back to 1990. Meanwhile, oil prices are still almost 30% above the target price the US set to refill them. …

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