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What to Watch: EIA & Genscape Inventories and WTI Options Expiry

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Data last week showed stocks at 46.64mbbls and below the previous five year range and average of 53.2mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 10:30 ET (15:30GMT). EIA data is expected to show a crude inventory build and gasoline and distillates stock draws with refinery utilisation little changed on the week according to a Bloomberg survey.
  • The Mar24 WTI options expire against the 19:30BST futures close price today.

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