October 03, 2024 07:17 GMT
ENERGY: What to Watch: EIA Gas Stocks & ARA Oil Product Stocks
ENERGY
- The EIA weekly gas inventories for the week ending Sept. 27 will be released this afternoon at 10:30 ET (15:30BST). The expectation is for a build of 58bcf according to a Bloomberg survey following a working gas implied build of 55bcf the previous week. The seasonal normal is a build of around 94bcf.
- The updated Insights Global European ARA product inventories will be released today around 15:15BST. Gasoil stocks were last week down to 2.45m mt but still above the five year average of around 2.27m mt while ARA Gasoline stocks were still below normal at 0.93m mt.
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