According to the calculations of the American Petroleum Institute (API) and to the finals of the last week (May 25-29), oil reserves of the US decreasing by 0.48 mln barrels amounted to 531 mln barrels, APA-Economics reports citing the forecasts of API.
Note that US oil reserves were expected to increase by 3 mln. barrels.
Remind that the data on the US oil reserves significantly impact the price of the “black gold” on the world market.