WTI & Brent have added $0.20 and $0.30..........>

OIL: WTI & Brent have added $0.20 and $0.30 respectively overnight, with the

ongoing issues in Venezuela continuing to draw attention.

- Elsewhere, the latest API crude inventory estimate revealed a smaller than

expected headline build in crude stocks, with the build in gasoline stocks

topping estimates, while distillate inventories provided a surprise build.

Stocks at Cushing fell, according to the report.

- RTRS sources have suggested that that "Venezuela's state-run oil company PDVSA

is seeking to sidestep Trump administration sanctions restricting payments for

its oil by asking major buyers, including U.S. refiners, to renegotiate

contracts."

- Focus now moves to the weekly DoE inventory data, due Wednesday, with the

median exp. looking for a build of ~3.1mn bbl in headline crude stocks.