Pace of SPR Oil Withdrawals Seen Likely to Slow -- Market Talk

Dow Jones

Jun 16

1434 ET - The U.S. released 8.9 million barrels of oil last week from the Strategic Petroleum Reserve, the Department of Energy reports, leaving the reserve with 340.3 million barrels--below the 2023 low reached after the reserve was tapped in the wake of Russia's invasion of Ukraine. Since late March, the DOE has released around 75 million of the planned 172 million barrels and the depletion has raised some concerns about how far the SPR can safely go. "Whatever that minimal safe level is, the professional engineers who run the SPR facilities will not allow that level to be approached," says Pavel Molchanov, investment strategy analyst at Raymond James. "I think we will see a gradual reduction in the pace of withdrawal." (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

June 15, 2026 14:34 ET (18:34 GMT)

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Since late March, the DOE has released around 75 million of the planned 172 million barrels and the depletion has raised some concerns about how far the SPR can safely go. \"Whatever that minimal safe level is, the professional engineers who run the SPR facilities will not allow that level to be approached,\" says Pavel Molchanov, investment strategy analyst at Raymond James. \"I think we will see a gradual reduction in the pace of withdrawal.\" (anthony.harrup@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 14:34 ET (18:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pace of SPR Oil Withdrawals Seen Likely to Slow -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPace of SPR Oil Withdrawals Seen Likely to Slow -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-16 02:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1434 ET - The U.S. released 8.9 million barrels of oil last week from the Strategic Petroleum Reserve, the Department of Energy reports, leaving the reserve with 340.3 million barrels--below the 2023 low reached after the reserve was tapped in the wake of Russia's invasion of Ukraine. Since late March, the DOE has released around 75 million of the planned 172 million barrels and the depletion has raised some concerns about how far the SPR can safely go. \"Whatever that minimal safe level is, the professional engineers who run the SPR facilities will not allow that level to be approached,\" says Pavel Molchanov, investment strategy analyst at Raymond James. \"I think we will see a gradual reduction in the pace of withdrawal.\" (anthony.harrup@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 14:34 ET (18:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2643788952","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2643788952","pubTimestamp":1781548440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1434 ET - The U.S. released 8.9 million barrels of oil last week from the Strategic Petroleum Reserve, the Department of Energy reports, leaving the reserve with 340.3 million barrels--below the 2023 low reached after the reserve was tapped in the wake of Russia's invasion of Ukraine. Since late March, the DOE has released around 75 million of the planned 172 million barrels and the depletion has raised some concerns about how far the SPR can safely go. \"Whatever that minimal safe level is, the professional engineers who run the SPR facilities will not allow that level to be approached,\" says Pavel Molchanov, investment strategy analyst at Raymond James. \"I think we will see a gradual reduction in the pace of withdrawal.\" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","BK4585":"ETF&股票定投概念","SPR":"Spirit AeroSystems Holdings Inc","BK4588":"碎股"},"translate_title":"市场传言，春季石油开采速度可能会放缓","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPR":1.5},"content_text":"1434 ET - The U.S. released 8.9 million barrels of oil last week from the Strategic Petroleum Reserve, the Department of Energy reports, leaving the reserve with 340.3 million barrels--below the 2023 low reached after the reserve was tapped in the wake of Russia's invasion of Ukraine. Since late March, the DOE has released around 75 million of the planned 172 million barrels and the depletion has raised some concerns about how far the SPR can safely go. \"Whatever that minimal safe level is, the professional engineers who run the SPR facilities will not allow that level to be approached,\" says Pavel Molchanov, investment strategy analyst at Raymond James. \"I think we will see a gradual reduction in the pace of withdrawal.\" (anthony.harrup@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 15, 2026 14:34 ET (18:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}