January 11, 2023 08:17 GMT
What to Watch: US and EU Crude Inventory Data
- The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week up at 55.85mbbls and the average for this time of year is 52.36mbbls.
- The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. A Bloomberg survey suggests a small crude draw although API data last night suggested a large build. Gasoline inventories are expected to build and distillates to show a small draw.