Oil: increase in crude stocks in the United States last week

Posted 24 February, 2022

The announcement of a larger increase than expected in oil reserves in the United States last week weighs very little on the price of black gold on Thursday, the war in Ukraine obliges. According to the US Department of Energy, domestic crude inventories, excluding strategic reserves, increased by 4.5 million barrels during the week ended February 18 to 416 MB. The consensus was for a limited increase of 0.5 MB. Gasoline inventories fell by 0.6 million barrels (-1.5 MB consensus), while inventories of distillates also fell by 0.6 million barrels (-1.7 MB consensus).

 

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28 February, 2022 09:48

← The EU announced its intention to freeze half of the reserves of the Bank of Russia

Western countries will block about half of the financial reserves of the Russian Central Bank, said the head of European diplomacy Josep Borrell.

The EU announced its intention to freeze half of the reserves of the Bank of Russia

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24 February, 2022 16:21

Russian invasion of Ukraine: Stock markets fall, raw materials soar →

World markets were sailing in the midst of a storm on Thursday after Russia invaded Ukraine, with stock markets falling and raw materials soaring.

Russian invasion of Ukraine: Stock markets fall, raw materials soar
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