U.S. crude oil inventories decrease by 7.5 million barrels

U.S. crude oil inventories decrease by 7.5 million barrels
# 30 March 2023 09:37 (UTC +04:00)

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.5 million barrels from the previous week, APA-Economics reports citing Oilandgas360.

At 473.7 million barrels, U.S. crude oil inventories are about 6% above the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of March 24, 2023.

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