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US Power Department Expects Petrol Reserves to Have Grown By Up to 1.4 Mil Barrels

Posted on: Wednesday, 7 December 2005, 09:00 CST

The US power department expects the petrol reserves to have grown by up to 1.4 mil barrels. It estimates the growth in the category of distillates, which include fuel oil or naphtha, at nearly 800,000 barrels

. It will publish the data on the state of oil products reserves in the USA on 30 Nov 2005. Expecting up-to-date these statistics, the global oil price was falling on 29 Nov 2005. The price of West Texas Intermediate oil came to USD 56.90/barrels on 29 Nov 2005.


Source: Access Czech Republic Business Bulletin

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