{"id":7269,"date":"2026-10-24T01:30:00","date_gmt":"2026-10-23T22:30:00","guid":{"rendered":"https:\/\/mikhailinvest.com\/u-s-dips-into-strategic-oil-reserve-again-amid-supply-disruptions\/"},"modified":"2026-10-24T01:30:00","modified_gmt":"2026-10-23T22:30:00","slug":"u-s-dips-into-strategic-oil-reserve-again-amid-supply-disruptions","status":"publish","type":"post","link":"https:\/\/mikhailinvest.com\/ru\/u-s-dips-into-strategic-oil-reserve-again-amid-supply-disruptions\/","title":{"rendered":"U.S. Dips Into Strategic Oil Reserve Again Amid Supply Disruptions"},"content":{"rendered":"

The United States is dipping into its Strategic Petroleum Reserve again, this time to keep crude flowing to a Louisiana refinery while oil prices climb above $117 per barrel. The reserve, meanwhile, is already at its lowest level since 1982.<\/p>\n

The Department of Energy on Friday authorized an emergency exchange of up to 400,000 barrels to Phillips 66’s Lake Charles refinery, citing a temporary disruption to crude deliveries.<\/p>\n

The oil will come from the reserve’s West Hackberry site in Louisiana and is available for immediate delivery.<\/p>\n

Lake Charles can process about 264,000 barrels per day, meaning the authorized volume amounts to roughly a day and a half of the refinery’s processing capacity.<\/p>\n

DOE did not specify what caused the delivery disruption. Phillips 66 confirmed it would receive the crude but declined to discuss refinery operations or commercial activity. A company spokesperson said it did not anticipate any operational impacts.<\/p>\n

The government calls this an exchange, not a sale. Phillips 66 must return the borrowed barrels along with additional crude as a premium.<\/p>\n

This isn’t Washington’s first trip into the SPR this month. On October 10, DOE authorized up to 4 million barrels in emergency exchanges for ExxonMobil and BP following weather-related supply disruptions.<\/p>\n

The reserve has already been substantially depleted by withdrawals under President Donald Trump during the Iran war and former President Joe Biden following Russia’s invasion of Ukraine in 2022.<\/p>\n

Current SPR levels are at 282.7 million barrels<\/a>, according to the DOE\u2014a level which is at what some analysts think is the operational minimum.<\/p>\n

The latest exchange comes as oil prices continue climbing. Brent crude was trading at $117.04<\/a> per barrel Friday, up 3.42%, while West Texas Intermediate rose 4.07% to $103.52.<\/p>\n

The 400,000-barrel authorization addresses a localized refinery supply disruption rather than the broader global oil shortage. But with Middle Eastern supply routes still constrained and crude prices above $100, keeping refineries supplied has become an increasingly expensive proposition.<\/p>\n

\u0414\u0436\u0443\u043b\u0438\u0430\u043d\u043d\u0430 \u0413\u0430\u0439\u0433\u0435\u0440, Oilprice.com<\/p>\n

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