Bank Of Baku

US commercial oil reserves fall below 423 mln barrels

US commercial oil reserves fall below 423 mln barrels
# 17 July 2025 09:46 (UTC +04:00)

Commercial oil reserves in the United States increased by 3,859 thousand barrels amounting to 422,162 thousand barrels, Energy Information Administration (EIA) under the US Department of Energy published a report, APA-Economics reports.

According to the information, analysts had previously predicted that US commercial oil reserves would decrease by 1,800 thousand barrels.

It should be noted that information on US oil reserves significantly affects the price of black gold in the world market.

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