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ENERGY: What to Watch: US Gas Stocks and ARA Product Stocks

ENERGY
  • The EIA weekly gas inventories for the week ending July 19 will be released this afternoon at 10:30 ET (15:30BST). The expectation is for a build of 12bcf according to a Bloomberg survey following a build of 10bcf the previous week. The seasonal normal is a build of around 38bcf.
  • The updated Insights Global European ARA product inventories will be released today around 15:15BST. Gasoil stocks edged lower again last week to 2.08m mt to remain below the five year average. ARA Gasoline stocks also fell to 1.00m mt compared to the previous five year average of around 1.22m mt.

 

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