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U.S. oil reserve hits lowest since 1983
The U.S. Strategic Petroleum Reserve has decreased to 340.3 million barrels, a level not seen since 1983, as part of an agreement to withdraw 172 million barrels from the U.S. stockpile. Additionally, emergency reserve stockpiles have reached their third lowest level since that year, with a decline of 8.9 million barrels.
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