U.S. oil reserve falls to lowest level since 1983
By Arathy Somasekhar and Timothy Gardner / Reuters — June 15, 2026
HOUSTON >> Crude oil in the U.S. Strategic Petroleum Reserve fell to 340.3 million barrels, the lowest level since 1983, according to data from the Department of Energy today, signaling tight supplies just as the U.S. and Iran agree on a deal to end the war and open the Strait of Hormuz. …/ .
Crude oil slide… XTIUSD 30 Minute
US Senior official says Iran can sell oil/fuel immediatly after deal is signed, but can only sell oil if they abide by all the points agreed to including not interfering with free flow of navigation in Strait of Hormuz and not obtaining nuclear weapon
Analysis Details
Confirms earlier WSJ report. (Newsquawk)


Oil takes a hit, USD and bond yields dip, stocks so far not reacting
The US will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict, via WSJ citing sources
FOMC rate under warsh tomorrow:
Treasury yields fall ahead of Kevin Warsh’s first Fed meeting
…”The central bank is set to maintain its benchmark lending rate of 3.50% to 3.75%, according to implied prices used in the CME’s FedWatch tool, while traders have pulled back on expectations for rate hikes later this year.” – By Sean Conlon, Joseph Wilkins, cnbc
Newsquawk Daily US Opening News – 16th June 2026

(Right click on any image (or chart) to open a full screen in a new tab)

COMING UP: Data: Chinese Unemployment Rate (May), Retail Sales (May), Industrial Production (May), Italian Inflation Final (May), EU/German ZEW (Jun), US ADP Weekly, Import/Export Prices (May), Housing Starts (May), Atlanta Fed GDP (Q2)
Events: RBA Policy Announcement, BoJ Policy Announcement.
Speakers: RBA’s Bullock; BoJ’s Uchida; ECB’s Lane.
Supply: UK, Germany, US (Newsquawk)
Newsquawk US Market Wrap – 15th June 2026: Stocks rally and crude plummets as US/Iran agree on MoU
SNAPSHOT: Equities up, Treasuries up, Crude down, Dollar down, Gold up


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