Weekly EIA oil inventory data is delayed until today because of the US long weekend.
Indications are for a surpringly large draw after yesterday's API data:
- Crude -6490K
- Gasoline -452K
- Distillates +2045K
- Cushing -1706K
The consensus for the upcoming report:
- Crude -1950K
- Gasoline -450K
- Distillates -150K
WTI crude oil is trading down 58-cents to $78.69. On Sunday, we get the latest OPEC decision.
WTI crude oil daily
