Home Forex Weekly oil inventory data will be released at the bottom of the hour

Weekly oil inventory data will be released at the bottom of the hour

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Weekly oil inventory data will be released at the bottom of the hour

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The weekly EIA inventory data will be released at the bottom of the hour (for the week of October 14, 2022). Expectations are for:

  • crude oil a build of 1.380M
  • gasoline a drawdown of -1.114M
  • distillates a drawdown of -2.167M

The private data released late yesterday showed:

WTI crude for November is trading at $84.31 that’s up 1.8% on the day.

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