US oil reserves increase - FORECAST

US oil reserves increase - FORECAST
# 18 December 2019 09:49 (UTC +04:00)

According to the calculations of American Petroleum Institute (API) and finals of the last week (December 9-15), oil reserves of the US have increased, APA-Economics reports citing forecasts of the API.

US oil reserves increasing by 4,7 mln. barrels amounted to 451,7 mln. barrels.

Note that US oil reserves were expected to decrease by 1,3 mln. barrels.

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