US commercial oil reserves exceed 426 million barrels

U.S. commercial crude oil inventories increased by 3,602 thousand barrels to 426,049 thousand barrels, APA-Economics reports, citing a report published by the Energy Information Administration (EIA) under the U.S. Department of Energy.

According to the data, analysts had previously forecast that U.S. commercial crude oil inventories would decline by 1,000 barrels.

It should be noted that data on U.S. oil inventories significantly affect the price of “black gold” on the global market.