What to Watch: EIA and Genscape Stock Data

Dec-07 08:23By: David Lee
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  • The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week up at 56.81mbbls and the average for this time of year is 54.13mbbls.
  • The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. Expectation is for the stock data to follow the same directional moves in the API data last night of a crude draw and oil product builds.