US oil reserves sharply increase - OFFICIAL

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# 11:01
16 April 2020

According to the finals of the last week, oil reserves of the US increasing by 19.25 mln. barrels amounted to 503,62 mln. barrels., APA-Economics reports citing the report, published by the Energy Information Administration under the United States Department of Energy.

Note that US oil reserves were expected to increase by nearly 11.08 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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