Free Trial

What to Watch: OPEC MOMR, EIA STEO, US CPI & API Data

ENERGY
  • The OPEC Monthly Oil Market Report is due for release today (at 13:50CET last month) with member compliance with pledged cuts in focus.
  • The EIA Short Term Energy Outlook is due for release at 10:00ET (16:00GMT) today with updates to supply and demand forecasts for oil, gas, and power markets.
  • The US CPI data due at 08:30ET. Consensus puts core CPI inflation at 0.3% M/M in February with little skew either side. Fed pricing shows the start point for cuts technically seen in July.
  • The API oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. An early Bloomberg survey suggests a small crude build and further gasoline and distillates draws while refinery utilisation recovers.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.