US commercial oil reserves sharply increase - OFFICIAL

US commercial oil reserves sharply increase  - OFFICIAL
  • Clock-gray 09:57
  • calendar-gray 11 March 2021

According to the finals of the last week, commercial oil reserves of the US increasing by 13,798 thousand barrels amounted to 498,403 thousand barrels, APA-Economics reports citing the report, published by the Energy Information Administration under the United States Department of Energy.

Note that US oil reserves were expected to decrease by 816 thousand barrels.

Remind that the data on the US oil reserves significantly impact the price of the “black gold” on the world market.

Emil Ismayilov

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