LiteForex - Analytics


716.75 8.25/10
77% of positive reviews

Brent: US reserves shrank on 25.06.2015

According to the recently published US Energy Agency (EIA) data, oil reserves for last week have shrunk by 4.934 million barrels (forecasted 2.100 million reduction). Despite increasing US oil production that has reached its record level of 9.3 million barrel a day, the reserves are falling for the second consecutive week. However, regardless of the reserves reduction Brent crude oil price fell yesterday by $1.1 to $63.43 per barrel. 


To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree