US oil reserves approach 490 mln. barrels - OFFICIAL

US oil reserves approach 490 mln. barrels - OFFICIAL
  • Clock-gray 09:35
  • calendar-gray 19 November 2020

According to the finals of the last week (November 9-13), oil reserves of the US increasing by 0.77 mln barrels amounted to 489.47 mln barrels, APA-Economics reports citing a report published by Energy Information Administration under the United States Department of Energy (DoE).

According to the report, analytics have forecasted an increase of nearly 1.65 mln. barrels in US oil reserves.

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

Emil Ismayilov

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