Data on the US oil reserves

• Crude oil inventories, fact 3.217M, forecast 4.110M.
• Cushing (Oklahoma) cCrude oil inventories, fact 1,878M, previous value 1,371M

Crude oil inventories unexpectedly fell in the US over the week, the same did the main indicators of gasoline and distillate stocks. This led to an increase in the cost of oil, while general dynamics of oil remains limited by fears of rising supply and risks.

Fig. The graph of oil reserves in the United States.

 

At the same time, oil reserves in the USA continue to demonstrate positive dynamics for the sixth consecutive week, confirming the growth of supply. Therefore, the growth of oil prices will be limited by the downtrend.

 

Hanzenko Anton

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