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What to Watch: Nov WTI Option Expiry & API Data

ENERGY
  • The API oil inventory data is due for release today at 16:30 ET ahead of the EIA weekly data tomorrow. The EIA data last week showed a big build in crude, but oil product draws amid falling refinery runs and with Cushing stocks falling towards multi year lows.
  • The Nov23 WTI options expire against the 19:30BST futures close price today with the main open positions at 85$/bbl, 88$/bbl and 90$/bbl.

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