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What to Watch: Genscape ARA & EIA US Inventories

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00BST. Stocks edged higher again last week to hold just above the previous five year average.
  • The EIA weekly petroleum inventory data for the week ending May 31 is due for release today at 10:30ET (15:30BST). A Bloomberg survey expects a draw in U.S. crude stocks and builds in gasoline and distillates inventories while refinery utilisation remains relatively unchanged.

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