MOSCOW, April 16. /TASS/. Commercial oil reserves in the US increased by 0.5 mln barrels over the week and amounted to 442.9 mln barrels as of April 11, 2025, the country's Department of Energy reported.
The current stock level is 6% below the five-year average typical for this time of the year, the department added.
As of 5:30 p.m. Moscow time (2:30 p.m. GMT) the price of June futures for Brent oil on London’s ICE was up by 1.76% at $65.99 per barrel while the price of futures for WTI oil with June delivery was up by 2.62% at $62.71 per barrel.