US oil reserves decrease -FORECAST

US oil reserves decrease -FORECAST
# 25 August 2021 09:55 (UTC +04:00)

According to the forecasts of the American Petroleum Institute (API), commercial oil reserves in the US have decreased last week, APA-Economics reports citing the forecast of API.

Last week, US oil reserves have been near 433,921 thousand barrels decreasing by 1,622 thousand barrels.

Note that analytics were expecting US oil reserves to decrease by 2,367 thousand barrels.

Recall that the information about US oil reserves significantly affects the price of "black gold" on the world market.

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