U.S. Strategic Oil Reserve Set to Near 350 Million Barrels
U.S. crude oil held in the Strategic Petroleum Reserve is expected to fall to around 350 million barrels by early June 2026.
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Will US crude oil reserves fall to 350M by June 5? Prediction Market OddsU.S. crude oil inventories in the Strategic Petroleum Reserve are on track to decline to roughly 350 million barrels by the week ending June 5, 2026, according to the reporting framework used by the U.S. Energy Information Administration. The level would mark another closely watched milestone for the nation’s emergency oil stockpile.
The Strategic Petroleum Reserve has drawn sustained attention in recent years as policymakers balance energy security, market stability and budget considerations. Weekly EIA data will provide the official measure of whether the reserve reaches or falls below the 350 million-barrel threshold by the early-June deadline.
A further decline in the reserve could intensify scrutiny of Washington’s plans for future purchases, refill timing and the role of the stockpile in responding to supply disruptions. Energy market participants are expected to monitor the EIA’s weekly updates closely as the deadline approaches.