API: US oil reserves decrease slightly

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# 09:43
18 March 2020

According to the calculations of the American Petroleum Institute (API) and to the finals of the last week (March 9-13), oil reserves of the US decreasing by 0.42 mln barrels amounted to 452.6 mln barrels, APA-Economics reports citing the forecasts of API.

Note that US oil reserves were expected to increase by 3.3 mln. 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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