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What to Watch: EIA Weekly Petroleum Data

ENERGY
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30BST. EIA is expected to show a small draw in crude as well as gasoline and distillates stocks, with refinery utilization ticking slightly higher according to a Bloomberg survey.
  • The latest Genscape European ARA crude inventories were released this morning. Crude inventories in the ARA region rose 80k bbl in week ending 20 October to 51.2m bbl.


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