Bank Of Baku

Total OECD oil, oil products stocks in May up by 5.4mln barrels

Total OECD oil, oil products stocks in May up by 5.4mln barrels
# 13 July 2023 15:01 (UTC +04:00)

The total oil and and petroleum products reserves in the Organization for Economic Co-operation and Development (OECD) countries, which include commercial and state reserves, have increased by 5,4 million barrels in May, but are below the five-year average, the International Energy Agency (IEA) said in a report on Thursday,  APA reports citing the source.

"In May, OECD industry stocks rose by 5.4 mb to 2 824 mb, 92.2 mb below the five-year average. In terms of forward demand, end-month inventories covered 60.4 days, 0.7 days less than the previous month but 2.9 days more than a year ago," the report read.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED