EU ENERGY SECTOR: What to Watch: Genscape and EIA Oil Stocks Data
Apr-19 07:17By: David Lee
- The latest Genscape European ARA crude inventories will be released today at 09:00GMT. Stocks were last week near the bottom of the five year range at 51.63mbbls and the average for this time of year is 57.58mbbls.
- The EIA weekly petroleum inventory data is due for release this afternoon at 15:30GMT. US inventories of crude, gasoline and distillates are expected to show small draws this week with a recovery in refinery utilisation also expected according to a Bloomberg survey.
