US stocks of black gold reserves are rising in oil prices business

The Department of Energy reported that the US trade oil stocks fell by 5,836 million last week. barrels. Meanwhile, experts from S & P Global Platts predicted that stocks would average 3.4 million. barrels.

However, the shares in the Kushing Terminal – the oil sold by NYMEX – increase by 772 thousand. barrels.

The gas reserves of the country increased by 1.2 million last week. barrels and distillate stocks – 1849 mill. barrels. Analysts predict that the petrol supply will drop by an average of 400 thousand. barrels, while distillate stocks will increase by 2 million. barrels.

The Department of Energy also reported that oil production in the US increased by 100 thousand during the week. barrels per day.

Source link

Leave a Reply