According to the finals of the last week, oil reserves of the US decreased by 4,496 thousand barrels amounting to 417,257 mln barrels, APA-Economics reports citing outlook of the American Petroleum Institute (API).
Note that US oil reserves were expected to increase by 2,533 thousand barrels.
Remind that the data on the US oil reserves significantly impact the price of the “black gold” on the world market.