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Oil reserves in the US continued to decline

11/30/2022

Less than a minute

2022.11.30 11:04

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Oil inventories dropped by 12.6 million barrels last week: EIA
Oil reserves in the US continued to decline

Budrigannews.com – The Energy Information Administration (EIA) reported that U.S. crude oil inventories decreased significantly more than anticipated last week.

Against expectations for a draw of 2.758 million barrels, decreased by 12.580 million barrels.

Last week, stocks increased by 3.547 million barrels, exceeding expectations for a build of 1.457 million barrels.Contrary to expectations, inventories increased by 2.769 million barrels.

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