US EIA weekly oil knowledge launched immediately will embrace the brand new ‘transfers to crude provide’ sequence, which ought to assist to chill a number of the giant swings and weird numbers on this pair over the previous two years.

Expectations for immediately’s report

• Headline crude +1793k
• Distillates -1242k
• Gasoline +622K

There’s some confusion about what can be launched immediately and when. The report on the backside of the hour reveals the Nov 10 launch on my calendar nevertheless it may be revisions to week prior with the Nov 10 knowledge to be launched at 1 pm ET.

API knowledge launched late yesterday:

• Crude +1335K
• Gasoline +195K
• Distillates -1022K

WTI crude oil is down $1.08 to $77.17 immediately.