The US strategic oil stockpile has fallen to its lowest level since 1982.
The United States withdrew about 2.7 million barrels from its Strategic Petroleum Reserve (SPR) last week, marking the largest weekly withdrawal since late August.
According to Energy Ministry data reported by Reuters news agency, the stockpile has now dropped to 279.5 million barrels, thus reaching another decade low.
The Trump administration is now releasing the last 40 million barrels of a previously approved withdrawal of 172 million barrels, with shipments scheduled for November and December.