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MANIFOLD
US Strategic Petroleum Reserve - lowest value in 2026 (hi-res)
8
Ṁ150Ṁ221
Dec 31
182 million barrels
expected
81%
Above 150 million
74%
Above 175 million
72%
Above 200 million
63%
Above 225 million
43%
Above 250 million
35%
Above 275 million

How low with US petroleum reserves get to ease the price shock from the Iran war? The units are millions of barrels.

The US Strategic Petroleum Reserve as of August 7th is 298.7 million barrels, down from 415 million pre-war.

President Trump authorized the Department of Energy to release 172 million barrels from the Strategic Petroleum Reserve, beginning next week. This will take approximately 120 days to deliver based on planned discharge rates (March 11th, https://www.energy.gov/articles/united-states-release-172-million-barrels-oil-strategic-petroleum-reserve)

This market resolves based on the weekly values officially reported by EIA - a historical overview is at https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W (will update if the source changes).

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Currently very slowly decreasing and at 283 million...