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U.S.` oil reserves fall by 2 million barrels

01.10.2020,12:37


October 1, Fineko/abc.az. Commercial crude oil reserves in the U.S. have declined significantly.

ABC.AZ reports that crude oil inventories in the U.S. decreased by 2 million barrels compared with last week.

So, last week, U.S.’ commercial oil reserves reduced last week by 1.98 million barrels to 492.43 million barrels (more than expected).

Experts expected crude oil to grow by about 1.4 million barrels. Strategic crude oil reserves have also decreased. And crude oil fell to 643.2 million barrels.