Glossary
SPR
The Strategic Petroleum Reserve is held by the Energy Department in underground Gulf Coast storage sites. The government can sell crude or lend it to companies to increase market supply quickly. In an exchange, companies return more oil later, so physical inventory and future return contracts must be read together.
Watch 1
Predictions & track record (1)
- Awaiting grading US oil reserves fell by 104 million barrels in five months, but the contracts promise more backUse Energy Department disclosures to total crude returned under the 2026 SPR exchange.
1 related posts
- Watch US oil reserves fell by 104 million barrels in five months, but the contracts promise more back Doomberg · 2026-08-09