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API Data Due with EIA Report Still Missing

ENERGY

ENERGY – What to Watch

  • The latest weekly API oil inventory data is due for release after the close today at 16:30 EST ahead of the EIA data tomorrow. The current expectation is that crude and product stocks will show small draws this week therefore keeping crude and refined product markets tight.
  • There is still no timeline for the release of last week’s EIA inventory data. EIA stated that they have been able to collect data throughout the outage so the missing data will be released as soon as possible. The new data is due for release tomorrow afternoon.

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