US Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA Says

(Reuters) – U.S. energy firms pulled a record 8.6 million barrels of crude from the Strategic Petroleum Reserve (SPR) in the week ended May 8, reducing the total amount of oil in the SPR to 384.1 million barrels, the lowest since October 2024, the U.S. Energy Information Administration said in its weekly Petroleum Status Report on Wednesday.

That topped the prior weekly all-time high withdrawal of 8.4 million barrels in September 2022.

Reporting by Scott DiSavino and Shariq Khan in New York, Editing by Franklin Paul

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