API: US oil reserves decrease

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# 09:44
29 January 2020

According to the calculations of the American Petroleum Institute (API) and to the finals of the last week (January 20-26), oil reserves of the US decreasing by 4,3 mln barrels amounted to 429 mln barrels, APA-Economics reports citing the forecasts of API.

Note that US oil reserves were expected to increase by 482 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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