The API US oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. US crude oil inventories are expected to show a draw of 1.2mbbl in the week to Sept. 20, according to a preliminary Reuters survey. Gasoline is expected to build 0.2mbbl and distillates to draw 2.2% with a 0.7pt drop in refinery utilisation.
The annual OPEC World Oil Outlook 2024, released today at 18:00BST, aims to highlight and further the understanding of future challenges and opportunities for the oil industry.
ENERGY SECTOR: ENERGY: What to Watch: API Inventories & OPEC World Oil Outlook
Last updated at:Sep-24 07:19By: David Lee
The API US oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. US crude oil inventories are expected to show a draw of 1.2mbbl in the week to Sept. 20, according to a preliminary Reuters survey. Gasoline is expected to build 0.2mbbl and distillates to draw 2.2% with a 0.7pt drop in refinery utilisation.
The annual OPEC World Oil Outlook 2024, released today at 18:00BST, aims to highlight and further the understanding of future challenges and opportunities for the oil industry.
