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Just how much oil does the US have in inventories?

Discussion in 'Market News' started by ForexLive, Dec 17, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The American Petroleum Institute says inventories at all time highs In 85 years of records, the US has never had more in storage. The API estimates 488.6 million barrels of oil in storage. That's not even counting the government's Strategic Petroleum Reserve, which is another 700 million barrels.

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