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US DOE Oil Inventories

The US Department of Energy is set to release its weekly oil inventory report at 10:30 ET

BNOUSO

**Consensus expectations: - Crude: -4.5Me - Gasoline: -0.5Me - Distillate: -0.5Me - Utilization: No est v 96.7% w/w - - **NOTE: Yesterday's API data: - - Crude Oil Inventories: -0.8M v -8.3M prior - - Gasoline: +1.2M v +2.5M prior - - Distillate: +1.4M v -0.5M prior - - Cushing: -1M v -1.5M prior