World prices for “black gold” during today’s trading continued to decline on data from the American petroleum Institute (API) about sharp growth of reserves of “black gold” in the U.S., reached a new record. As of 13:39 Moscow time the price of may futures for North sea petroleum mix of …
Read More »Oil reserves in the United States increased for the week stronger than forecast
Commercial oil stocks in the USA (excluding strategic reserves) for the week ended 26 February, increased by 10.4 million barrels, or 2%, to 518 million barrels. The data contained in the review of the energy information administration of the Ministry of energy of the country. Many analysts believed that the …
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