US Commercial Oil Reserves Fall Below 460 Million Barrels


Washington: Commercial crude oil inventories in the United States decreased by 6.234 million barrels to 459.495 million barrels.



According to Azeri-Press News Agency, this information was provided by the Energy Information Administration (EIA) under the US Department of Energy. Analysts had previously forecast an increase of 300,000 barrels in US commercial crude oil inventories.



It is important to note that data on US oil inventories has a significant impact on the price of ‘black gold’ in the global market.