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What to Watch

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week below normal at 50.65mbbls and the average for this time of year is 55.21mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. Crude stocks are expected to show a small draw following on from the draw last week according to a Bloomberg survey. Gasoline and distillate inventories are also expected to show a draw.

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