US oil reserves decrease by more than 7 mln. barrels

US oil reserves decrease by more than 7 mln. barrels
  • Clock-gray 09:30
  • calendar-gray 19 February 2021

According to the results of the last week, oil reserves of the US decreasing by 7,258 thousand barrels amounted to 461,757 thousand barrels, APA-Economics reports citing the report of Energy Information Agency (EIA) under US Energy Ministry.

Note that US oil reserves were expected to decrease by 2,429 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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