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ENERGY: What to Watch: API Inventories Data & EIA STEO

ENERGY
  • The API US oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. US crude inventories last week showed the fifth consecutive weekly drop to the lowest since February.
  • The EIA Short Term Energy Outlook is scheduled at 10:00ET (17:00BST) with updates for oil, gas, and power, as the market looks for indications of the future pace of US supply and outlook for demand growth.

 

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