The U.S. strategic oil stockpile fell to 282.6 million barrels at the end of the reporting week ended Oct. 23, the U.S. Department of Energy reports. During the week, the strategic oil reserves in the USA decreased by about 100 thousand barrels. The lowest level was recorded 44 years ago on October 15 - 280.802 million barrels. Oil reserves in the US Strategic Reserve began to reach a 1982 low in late August. At the beginning of October the figure dropped to 283 million barrels. The strategic oil reserve was created by the decision of the US Congress in 1975 after the global energy crisis in case of new emergency situations.

The U.S. strategic oil stockpile fell to 282.6 million barrels at the end of the reporting week ended Oct. 23, the U.S. Department of Energy reports. During the week, the strategic oil reserves in the USA decreased by about 100 thousand barrels. The lowest level was recorded 44 years ago on October 15 - 280.802 million barrels. Oil reserves in the US Strategic Reserve began to reach a 1982 low in late August. At the beginning of October the figure dropped to 283 million barrels. The strategic oil reserve was created by the decision of the US Congress in 1975 after the global energy crisis in case of new emergency situations.