Bank Of Baku

U.S. commercial oil reserves exceed 430 million barrels

U.S. commercial oil reserves exceed 430 million barrels
# 21 February 2025 09:51 (UTC +04:00)

Commercial oil reserves in the U.S. have increased by 4.633 million barrels, reaching a total of 432.493 million barrels, says the report of the U.S. Energy Information Administration (EIA) under the U.S. Department of Energy, APA-Economics reports.

Based on the information, analysts had previously forecasted that U.S. commercial oil reserves would increase by 3.200 million barrels.

Note that U.S. oil reserve data significantly affects the price of "black gold" on global markets.

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