Growth rate of oil reserves of US decreases - OFFICIAL

Growth rate of oil reserves of US decreases - OFFICIAL
# 07 May 2020 09:55 (UTC +04:00)

According to the results of the last week (April 27- May 1) oil reserves of the US have increased, according to the calculations of American Petroleum Institute (API), APA-Economics reports citing the forecasts of API.

Oil reserves of the USA have increased by 4,59 mln. barrels and made up 532,22 mln barrels (in comparison with the previous week - April 20-24, almost two times less increase).

Note that oil reserves of the USA have been expected to increase by nearly 7,76 mln. 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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