US commercial oil reserves decrease-FORECAST

US commercial oil reserves decrease-FORECAST
# 04 May 2022 10:17 (UTC +04:00)

According to the finals of the last week, commercial oil reserves of the US decreased by 3,479 thousand barrels amounting to 410,946 mln. barrels, APA-Economics reports citing outlook of the American Petroleum Institute (API).

Note that US oil reserves were expected to increase by 1,167 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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