Bank Of Baku

US commercial oil reserves increase again - OFFICIAL

US commercial oil reserves increase again - OFFICIAL
# 18 March 2021 10:09 (UTC +04:00)

According to the finals of the last week, commercial oil reserves of the US increasing by 2396 thousand barrels amounted to 500 799 thousand barrels, APA-Economics reports citing the report, published by the Energy Information Administration under the United States Department of Energy.

Note that US oil reserves were expected to decrease by 2964 thousand barrels.

Remind that the data on the US oil reserves significantly impact the price of the “black gold” on the world market.

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