US oil reserves decrease - OFFICIAL

US oil reserves decrease - OFFICIAL
  • Clock-gray 09:51
  • calendar-gray 21 May 2020

According to the finals of the last week (May 11-15), oil reserves of the US decreasing by 4,98 mln barrels amounted to 526,8 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 1,15 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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