• The API oil inventory data is due for release today at 16:30 ET ahead of the EIA Weekly Petroleum Status Report tomorrow which will include two week’s worth of data after the delayed release last week.
  • IEA are due to release the updated Oil Market Report at 10:00 CET providing an outlook for crude oil market developments for the coming year after the OPEC report yesterday raised the oil demand growth forecast.
  • The US CPI data due at 08:30 ET. A stronger print would be negative for crude as it may signal further Fed tightening.

ENERGY SECTOR: What to Watch: IEA Report, API Data and US CPI

Last updated at:Nov-14 08:24By: David Lee
  • The API oil inventory data is due for release today at 16:30 ET ahead of the EIA Weekly Petroleum Status Report tomorrow which will include two week’s worth of data after the delayed release last week.
  • IEA are due to release the updated Oil Market Report at 10:00 CET providing an outlook for crude oil market developments for the coming year after the OPEC report yesterday raised the oil demand growth forecast.
  • The US CPI data due at 08:30 ET. A stronger print would be negative for crude as it may signal further Fed tightening.

MNI Podcasts

Unearthing fresh policy thinking & market intelligence.

Copyright 2024Twitter, Xlinkedin logo