Bank Of Baku

US oil reserves decrease-FORECAST

US oil reserves decrease-FORECAST
# 30 March 2022 10:17 (UTC +04:00)

According to the finals of the last week, oil reserves of the US decreasing by 3,000 barrels amounting to 410,399 mln barrels, APA-Economics reports citing outlook of the American Petroleum Institute (API).

Note that US oil reserves were expected to decrease by 1,558 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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