According to analysis of the Organization of Petroleum producing countries (Opec), which has been joining forces since the end of 2016 to lower supply and increasing oil prices, reserves are decreasing but at idle.
Stored reserves from commercial 339 million barrels (mb) in January to 251 million mb in April. The cartel estimates that the reduction will continue in the second quarter, stimulated by the decision in may by OPEC countries and their partners, including Russia, to extend until March 2018 the decrease in production.
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