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What to Watch: API Oil Stocks

ENERGY
  • The API oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. The EIA data last week showed a draw in crude as well as small draw in gasoline and build in distillates stocks while US refinery utilisation increased on the week.

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  • The API oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. The EIA data last week showed a draw in crude as well as small draw in gasoline and build in distillates stocks while US refinery utilisation increased on the week.