US oil reserves decrease

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5 December 2019

According to the finals of the last week (November 27-December 2), oil reserves of the US decreasing by 4.9 mln barrels amounted to 447.1 mln barrels, APA-Economics reports citing report published by Energy Information Administration under the United States Department of Energy (DoE).

According to the report, analytics have forecasted decrease of 1.7 mln. barrels in US oil reserves.

Remind that the data on US oil reserves significantly impact the price of “black gold” on the world market.

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