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US oil inventories up 4.1 mln barrels over week — Department of Energy

The current stock level is 4% below the five-year average typical for this time of the year, the department noted

MOSCOW, February 12. /TASS/. Commercial oil reserves in the US rose by 4.1 mln barrels over the week and amounted to 427.9 mln barrels as of February 7, 2025, the country's Department of Energy reported.

The current stock level is 4% below the five-year average typical for this time of the year, the department noted.

As of 6:30 p.m. Moscow time (3:30 p.m. GMT) the price of April futures for Brent oil on London’s ICE was down by 1.27% at $76.02 per barrel while the price of futures for WTI oil with March delivery was down by 1.46% at $72.25 per barrel.

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