Baku: Commercial crude oil inventories in the United States have increased by 3.475 million barrels, reaching 439.279 million barrels, APA-Economics reports. This was stated in a report published by the U.S. Energy Information Administration (EIA) under the U.S. Department of Energy.
According to Azeri-Press News Agency, analysts had previously forecast that U.S. commercial crude oil inventories would rise by 3 million barrels. It should be noted that data on U.S. oil inventories has a significant impact on the price of ‘black gold’ on the global market.