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What to Watch: API Inventory Data

ENERGY
  • The latest weekly API oil inventory data is due for release today at 16:30 EST ahead of the EIA data tomorrow. A Bloomberg survey shows US inventory data is currently expected to show a draw in crude stocks and another increase in refinery utilisation leading to a build in gasoline and distillates inventories.
  • The North Sea loading schedules for January are expected from today.

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