The weekly EIA oil inventory data will be released at 10:30 AM ET. The estimates show:
- Crude oil drawdown of -1.794M
- Gasoline build of 0.627M
- Distillates build of 0.440M
The private data released after the close yesterday showed a surprisingly large drawdown of oil inventories:
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This article was written by Greg Michalowski at www.forexlive.com.