Stocks of crude oil in the US SPR fell by about 5.1mln bbls to 311.4mln bbls last week

The notable drop of approximately 5.1 million barrels in the U.S.

Newsquawk StaffPublished 20 Jul 2026, 16:17 UTCOn the live feed at 15:57 UTC — 3 more headlines followed before this page went public

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16:05

As of July 20, the U.S. military has redirected 7 commercial vessels and disabled 1 to prevent the ships from leaving or entering Iranian ports.

16:00

Newsquawk Daily US Earnings Estimates - 21st July 2026: DHR, SCHW, COF, CB

15:57

Stocks of crude oil in the US SPR fell by about 5.1mln bbls to 311.4mln bbls last week

15:50

SpaceXAI (SPCX) announces it is bringing Grok into Microsoft Excel, Word and Power Point; Grok for Excel is a free Microsoft 365 add in

15:39

US President Trump calls on Republicans to unify and fight for the Save America Act; thanks those for efforts to get much of the act as possible in a budget bill

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Context

Strategic Petroleum Reserve (SPR) signals a tightening supply environment. This reduction could support higher crude oil prices, particularly for WTI and Brent, as it points to increasing demand pressures or diminished stockpiling, emphasizing the importance of monitoring further inventory trends moving forward.

Energy · last 90 days

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