EnergyReaderER.io
EnergyReader · 2026-08-06 05:58

US SPR at Four-Decade Low Limits Government Response to Hormuz Closure

By EnergyReader Newsroom ·
The US Strategic Petroleum Reserve held 316.5 million barrels as of July 10 (2026-07-10), its lowest weekly level since the first half of 1983, according to EIA data. ICE Brent crude front-month traded at $79.13 a barrel on August 6 (2026-08-06), still well above the $55 level many analysts had expected at the start of the year, when forecasters were pencilling in a supply glut.
This piece has moved into our archive. We keep the full historical record — pricing, storage, weather, positioning — for our own research, and license access to it separately. Contact us about archive access →
Share
What to watch Track the live series behind this story — history, latest readings and our coverage.
Get this in your inbox
Daily briefings for commodity traders
Subscribe