US oil reserves increase

US oil reserves increase
  • Clock-gray 11:08
  • calendar-gray 29 May 2020

According to the finals of the last week (May 18-22), oil reserves of the US increasing by 7,93 mln. barrels amounted to 534,73 mln. barrels., APA-Economics reports citing the report, published by the Energy Information Administration under the United States Department of Energy.

Note that US oil reserves were expected to decrease by nearly 1,94 mln. 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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