The day delayed 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 have fallen by 0.6mbbl in the week to Aug. 23, according to a preliminary Reuters survey. Gasoline is expected to draw 0.8mbbl and distillates to build 0.4mbbl.
The latest Genscape European ARA crude inventories will be released today at 09:00BST. Stocks last week edged up to 54.0mbbl but remained just below the previous five year average.
ENERGY SECTOR: ENERGY: What to Watch: US API & ARA Oil Inventories
Last updated at:Sep-04 07:19By: David Lee
The day delayed 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 have fallen by 0.6mbbl in the week to Aug. 23, according to a preliminary Reuters survey. Gasoline is expected to draw 0.8mbbl and distillates to build 0.4mbbl.
The latest Genscape European ARA crude inventories will be released today at 09:00BST. Stocks last week edged up to 54.0mbbl but remained just below the previous five year average.
