According to Reuters, the US currently has just 17 days of supply left in the Strategic Petroleum Reserves (SPR).
— The Kobeissi Letter (@KobeissiLetter) October 3, 2023
This is roughly half the historical average of ~33 days dating back to 1990.
Meanwhile, oil prices are still almost 30% above the target price the US set to refill… pic.twitter.com/1vX5yBkTxL
Interesting
https://twitter.com/TheDigitalJob/status/1730186627035680873