US crude oil inventories are expected to have fallen by 2.1m bbl in the week to March 28, according to the updated Reuters survey of seven analysts.
- Responses ranged from -2.8 bbl to +1.5m bbl.
- Distillate inventories, mainly diesel, are seen with a fall of 1.0m bbl. Responses ranged from -2.0m bbl to +0.5m bbl.
- Gasoline inventories are expected to have fallen by 1.7m bbl. Responses ranged from -3.7m bbl to -1.0m bbl.
- Refinery capacity use is projected to be up 0.7 percentage points at 87.7%.
- The official figures will be released by the EIA at 10:30 ET April 2.