US oil reserves continue to decrease - FORECAST

US oil reserves continue to decrease - FORECAST
  • Clock-gray 10:36
  • calendar-gray 18 February 2021

Oil reserves of the US decreasing by 5.8 mln barrels amounted to 471,15 mln barrels, APA-Economics reports citing American Petroleum Institute (API).

Note that US oil reserves were expected to decrease by 2,18 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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