The first of the two oil inventory survey data points from the US is coming up at the bottom of the hour
- it is published to subscribers to the private service at 4.30pm NY time
- and will hit media in the minutes following
It can have an immediate impact on pricing.
The expectations I have seen :
- Headline crude expected draw of 3.2 million barrels
- Cushing draw 1204K barrels
- Gas -800K
- Dist. +200K
