Bank Of Baku

US oil reserves increased again-FORECAST

US oil reserves increased again-FORECAST
# 26 July 2023 09:23 (UTC +04:00)

The U.S. crude inventory balance possibly rose by 1.319 million barrels during the week ended July 21, according to the API, or American Petroleum Institute, APA reports citing Investing.com

Analysts also expect a 1,969 thousand barrel drawdown.

Notably, information regarding US oil reserves significantly affects the price of "black gold" in the world market.

 

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