The U.S. oil reserve is at a 40-year low — but the government says there’s still plenty of breathing room

LendingNews newsroom brief · 1h ago · 1 min read · via marketwatch.com

Energy Department says operational minimum for the storage caverns is about 70 million barrels, a level far lower than oil industry estimates

Energy Department says operational minimum for the storage caverns is about 70 million barrels, a level far lower than oil industry estimates This story matters for Finance & Markets readers tracking lending. Reported by marketwatch.com. Read the full original at the source link below.

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The U.S. oil reserve is at a 40-year low &#x2014; but the government says there&#x2019;s still plenty of breathing room

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The U.S. oil reserve is at a 40-year low — but the government says there’s still plenty of breathing room