What to Watch: EIA STEO & API Data
Dec-06 08:12By: David Lee
Oil Bullets+ 2
- The latest weekly API oil inventory data is due for release today at 16:30 EST ahead of the EIA data tomorrow. A Bloomberg survey suggests US inventory data is currently expected to show a draw in crude stocks and another increase in refinery utilisation leading to a build in gasoline and distillates inventories.
- EIA are expected to publish their latest Short Term Energy Outlook at 17:00BST with updates to supply and demand forecasts for 2023 for oil, gas, and power markets.
- The first batch of November trade data for China is due tomorrow including oil, gas and coal imports and oil product imports and exports.
