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Little Changed Early On

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(Z2) Stable at a Lower Level

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What to Watch: Brent Option Expiry & API Data

ENERGY

ENERGY – What to Watch

  • The latest weekly API oil inventory data is due for release today at 16:30 EST ahead of the EIA data tomorrow. Crude oil is currently expected to show another build this week with small draws in both gasoline and distillates.
  • The Asia Pacific Petroleum Conference continues today with a host of speakers from across the oil industry.
  • Also due today is the Nov22 Brent option expiry against the 19:30BST future close price. Current open interest shows the biggest nearby interest is in the 85$/bbl strike.

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ENERGY – What to Watch

  • The latest weekly API oil inventory data is due for release today at 16:30 EST ahead of the EIA data tomorrow. Crude oil is currently expected to show another build this week with small draws in both gasoline and distillates.
  • The Asia Pacific Petroleum Conference continues today with a host of speakers from across the oil industry.
  • Also due today is the Nov22 Brent option expiry against the 19:30BST future close price. Current open interest shows the biggest nearby interest is in the 85$/bbl strike.