February 12, 2025 08:27 GMT
ENERGY: What to Watch: OPEC MOMR, ARA Crude & US Oil Stocks, US CPI
ENERGY
- The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks last week fell further below normal to 44.57mbbl.
- The EIA weekly petroleum inventory data for the week ending Feb. 7 is due for release today at 10:30ET (15:30GMT). A Bloomberg survey expects a 2.52mbbl build in U.S. crude stocks, a 0.54mbbl build in gasoline, a 1.48mbbl draw in distillates and a 0.17 percentage points rise in refinery utilisation.
- The US CPI data is due at 08:30ET. Consensus sees core CPI inflation accelerating to a seasonally adjusted 0.3% M/M (unrounded 0.29%) in January after what was, for now, seen as a slightly softer than expected 0.225% M/M in December.
- The OPEC Monthly Oil Market Report is due for release today (at 13:30 CET last month) with focus on the global market balance and future demand growth forecasts.
Release | Type | Release date | Release Time |
EIA weekly oil | weekly | 12-Feb-25 | 10:30 ET |
Genscape crude ARA inventories | weekly | 12-Feb-25 | 09:00 GMT |
OPEC monthly oil report | monthly | 12-Feb-25 | |
US CPI for Jan | monthly | 12-Feb-25 | 08:30 ET |
EIA weekly gas | weekly | 13-Feb-25 | 10:30 ET |
Insights product ARA inventories | weekly | 13-Feb-25 | |
Singapore oil product stockpile | weekly | 13-Feb-25 | 08:00 GMT |
IEA Oil Market Report | monthly | 13-Feb-25 | 10:00 CET |
Nymex CFTC report | weekly | 14-Feb-25 | 15:30 ET |
ICE COT report | weekly | 14-Feb-25 | 18:30 GMT |
WTI Options Expiry | monthly | 14-Feb-25 | 19:30 GMT |
Baker Hughes rig count | weekly | 14-Feb-25 | 13:00 ET |
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