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What to Watch

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00BST. A big build last week took stocks above normal for the first time this year to 56.49mbbls. The average for this time of year is 54.4mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30BST. API data last night showed a build in crude and distillates and draw in gasoline with expectation for the EIA to report small builds in crude and the refined products.
  • Today is the final day of the Asia Pacific Petroleum Conference with a host of speakers from across the oil industry.

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