September 25, 2024 11:25 GMT
OIL: US Crude Stocks Seen Down 1.4m bbl in Week to Sep. 20: Reuters
OIL
US crude oil inventories are expected to have fallen by 1.4m bbl in the week to Sep. 20, according to a Reuters survey of ten analysts.
- Responses ranged from -8.4m bbl to +1.5m bbl.
- Distillate inventories, mainly diesel, are seen with a fall of 1.6m bbl. Responses ranged from -3.8m bbl to +2.0m bbl
- Gasoline inventories are expected to have fallen by just 0.02m bbl. Responses ranged from -2.0m bbl to +1.4m bbl.
- Refinery capacity use is projected to be down 0.7 percentage points at 91.4%.
- The official figures will be released by the EIA at 10:30 ET Sep. 25.
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