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ENERGY: What to Watch: Genscape and EIA Inventories

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00BST. Stocks last week dipped back in line with the previous five year average to 54.0mbbl.
  • The EIA weekly petroleum inventory data for the week ending Oct. 4 is due for release today at 10:30ET (15:30BST). A Bloomberg survey expects a 1.3mbbl build in U.S. crude stocks, a 0.57mbbl draw in gasoline and a 1.72mbbl draw in distillates while refinery utilisation falls 0.20%.

 

 

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  • The latest Genscape European ARA crude inventories will be released today at 09:00BST. Stocks last week dipped back in line with the previous five year average to 54.0mbbl.
  • The EIA weekly petroleum inventory data for the week ending Oct. 4 is due for release today at 10:30ET (15:30BST). A Bloomberg survey expects a 1.3mbbl build in U.S. crude stocks, a 0.57mbbl draw in gasoline and a 1.72mbbl draw in distillates while refinery utilisation falls 0.20%.