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What to Watch: OPEC MOMR

ENERGY
  • The weekly API oil inventory data is due for release today at 16:30 ET ahead of the EIA data tomorrow. Data last week showed another build in crude stocks with higher refinery utilisation contributing to refined product inventory builds.
  • The updated OPEC Monthly Oil Market Report will be released at 13:00CET. The report covers the major supply and demand issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The IEA monthly report is due for release tomorrow.
  • The US CPI for January is due later at 08:30 ET.

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