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What to Watch

ENERGY
  • The day delayed API oil inventory data is due for release today at 16:30 ET ahead of the EIA weekly data tomorrow. The EIA data is expected to show a draw in crude and gasoline this week with a build in distillates and a higher refinery utilisation rate.
  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week at 54.26mbbls compared to the five year average for this time of year is 57.42mbbls.

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