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ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00BST. Stocks increased back above normal in the data released last week up to 60.6mbbl. The five year average for this time of year is 57.15mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30BST. API data last night showed a large crude draw but a Bloomberg survey shows EIA data is expected to show a small draw in crude, gasoline and distillates.

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