The US Energy Information Administration (EIA) reported last week that the Strategic Petroleum Reserve inventory witnessed the largest decline in history.
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BlockBeats News, May 20th, during the week ending on May 15th, US EIA Crude Oil Inventories showed a draw of 78.63 million barrels, compared to an expected draw of 29.42 million barrels and a previous draw of 43.06 million barrels. The drawdown in US Strategic Petroleum Reserve (SPR) inventories last week was the largest in history.
Source: BlockBeats
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