US commercial oil reserves continue to decrease-API

US commercial oil reserves continue to decrease-API
# 12 January 2022 09:54 (UTC +04:00)

According to the finals of the last week, oil reserves of the US decreasing by 1,077 thousand barrels amounted to 416,773 mln barrels, APA-Economics reports citing outlook of the American Petroleum Institute (API).

Note that US oil reserves were expected to decrease by 1,950 thousand 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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