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What to Watch: Genscape ARA Inventories and API Data

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Data last week showed stocks up to 49.0mbbls but still below the previous five year range and average of 53.35mbbls.
  • The day delayed API oil inventory data is due at 16:30 ET ahead of the EIA Weekly Petroleum Status Report tomorrow. The US data has been volatile since the severe cold weather disruption in January with last week showing a large crude build and gasoline and distillates stock draws.

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