Oil reserves in the United States decreased by 3.3 million barrels

According to the weekly review of the Energy Information Administration of the US Department of Energy, commercial oil reserves in the country (excluding the strategic reserve) fell by 3.3 million barrels, to 421.7 million barrels. Analysts had expected a reduction in inventories by only 0.93 million barrels.

The strategic reserve of oil in the country collapsed by 8.1 million barrels to 453.1 million barrels. Oil reserves at the country's largest terminal in Cushing increased to 25.8 million barrels from 25.4 million barrels during the reporting period.

Gasoline stocks decreased slightly from last week's level (215.7 million barrels) to 215.6 million barrels. Forecasts suggested a decrease of 1.5 million barrels. Distillate stocks decreased by 0.7 million barrels and amounted to 111.6 million barrels. An increase of 0.6 million barrels was forecast.

After the release of raw materials statistics, Brent oil quotes began to moderate growth. The current quote of the asset is $100.77 per barrel. Additional support for the oil market was provided by signals about a possible reduction in OPEC+ production.