admin April 28, 2021

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

US oil reserves increasing by 4,319 thousand barrels amounted to 497,336 mln. barrels last week.

Note that US oil reserves were expected to increase by 375 thousand barrels.

Source: Azeri-Press News Agency