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What to Watch

ENERGY
  • The latest EIA weekly gas inventories for the week ending Nov 25 will be released this afternoon at 15:30GMT. The expectation is for a draw of -86bcf following on from the -80bcf draw last week. The 5-year average for this time of year is -32bcf.
  • The updated Insights Global European ARA product inventories will be released today. ARA Despite a recent recovery, Gasoil stocks were still below normal at 1.765m mt last week compared to the 5-year average for this time of year of 2.14m mt. ARA Gasoline stocks were last week up at 1.21m mt compared to an average of 0.95m mt for this time of year.

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