Global Commodity Prices Rose Sharply Early This Year
At the end of January 2018, crude oil inventories in the USA amounted to 418 million barrels and fell 16 % short of the previous year's level. Stocks of petrol and other distillates are down by 6% and 19% respectively, propane stocks by 15%. The global supply of crude oil is still good despite Opec's production limitations, and the reduction of high inventories is progressing very slowly.
(Picture: siehe Grafik)
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/cdn4.vogel.de/infinity/white.jpg "At the end of January 2018, crude oil inventories in the USA amounted to 418 million barrels and fell 16 % short of the previous year's level. Stocks of petrol and other distillates are down by 6% and 19% respectively, propane stocks by 15%. The global supply of crude oil is still good despite Opec's production limitations, and the reduction of high inventories is progressing very slowly.")
