The weekly EIA crude oil inventory data will be released at the bottom of the hour. The expectations are for:
Crude oil a build of 1.205 millionDistillates a drawdown of -1.933 million.Gasoline a drawdown of -0.809 million.
Late yesterday the private data showed:
Crude oil a drawdown of -3.0M.Distillates a drawdown -1.0 million. Gasoline a drawdown -0.2 million
This article was written by Greg Michalowski at investinglive.com.