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What to Watch: US and EU Oil Stock Data

ENERGY
  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week up at 56.74mbbls and the average for this time of year is 54.63mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. API data last night showed a build in crude and gasoline and a draw in distillates. The expectation is for the EIA data to show a small draw in both crude and the refined products.

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  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week up at 56.74mbbls and the average for this time of year is 54.63mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. API data last night showed a build in crude and gasoline and a draw in distillates. The expectation is for the EIA data to show a small draw in both crude and the refined products.