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What to Watch: EIA STEO

ENERGY
  • The updated EIA Short Term Energy Outlook report will be released at 17:00BST with updates to supply and demand forecasts for 2023 for oil, gas, and power markets. The OPEC monthly oil report is due out on Thursday and IEA oil market report next week.
  • The weekly API oil inventory data is due for release today at 16:30 ET ahead of the EIA data tomorrow. The EIA data last week continued the declining trend in crude inventories while oil products stocks also remain below normal.

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