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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 held steady last week just below the previous five year average at 56.2mbbl.
  • The EIA weekly petroleum inventory data for the week ending June 21 is due for release today at 10:30ET (15:30BST). A Bloomberg survey expects a draw in U.S. crude stocks as well as draws in both gasoline and distillates inventories while refinery utilisation remains relatively unchanged.

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