Bank Of Baku

US commercial oil reserves fell to 430 mln barrels

US commercial oil reserves fell to 430 mln barrels
# 27 February 2025 10:37 (UTC +04:00)

USA commercial oil reserves have decreased by 2,332 thousand barrels after a four-week increase, to 430,161 thousand barrels, APA-Economics reports citing the report, published by the Energy Information Administration under the United States Department of Energy.

According to the report, analysts had previously predicted that US oil reserves were expected to increase by 2500 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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