August 20, 2024 07:09 GMT
ENERGY: What to Watch: API Inventories
ENERGY
- The API US oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. US crude oil inventories are expected to have fallen by 2.9mbbl in the week to Aug. 16, according to a Reuters survey to resume a net decline since late June. Gasoline is expected to draw 0.4mbbl and distillates to build 0.2mbbl.
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