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What to Watch: US and EU Oil Inventory Data

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week up at 56.10mbbls and the average for this time of year is 52.87mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. Crude stocks are expected to show a small build following on from the big builds in recent weeks according to a Bloomberg survey. Gasoline inventories are also expected to build and distillates inventories to show a small draw.

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  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week up at 56.10mbbls and the average for this time of year is 52.87mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. Crude stocks are expected to show a small build following on from the big builds in recent weeks according to a Bloomberg survey. Gasoline inventories are also expected to build and distillates inventories to show a small draw.