Decrease of oil reserves - API

Market news

22 June 2016

Decrease of oil reserves - API

According to the American Petroleum Institute, US crude stocks fell last week by 5.2 mln barrels.

Inventories at Cushing tank decreased by 1.3 mln barrels. Petrol decreased by 1.47 mln barrels as distillate stocks fell by 1.7 mln barrels.

The cost of Brent futures for August on the stock exchange ICE in London was $ 51.07 per barrel.

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