Bank Of Baku

US oil reserves decrease again - FORECAST

US oil reserves decrease again - FORECAST
# 27 January 2021 09:50 (UTC +04:00)

Oil reserves of the US decreasing by 5,27 mln barrels amounted to 484,71 mln barrels, APA-Economics reports citing American Petroleum Institute (API).

Note that US oil reserves were expected to increase by 603 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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