Linkups: Oil News Brief/Roundup 21st January; American Petroleum Institute on Wednesday showed U.S. crude stocks rose more than expected last week.

Crude inventories rose by 4.6 million barrels in the week to Jan. 15 to 485.2 million, well above analysts’ expectations for an increase of 2.8 million barrels, the industry group stated.
– A Wood Mackenzie report has revealed that a total of 68 projects with capital investment worth of about $380 billion, as well as 27 billion barrels of oil equivalent of commercial reserves were deferred in 2015 by the global oil and gas industry as a result of the slump in the price of crude oil.

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