US Commercial Oil Reserves Fell to 430 Mln Barrels


Baku: US commercial oil reserves have decreased by 2,332 thousand barrels after a four-week increase, reaching 430,161 thousand barrels, APA-Economics reports citing the report published by the Energy Information Administration under the United States Department of Energy.



According to Azeri-Press News Agency, analysts had previously predicted that US oil reserves were expected to increase by 2,500 thousand barrels.



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