Current inventory data to be released by the DOE

The Department of Energy weekly inventory data will be released at the bottom of the hour.

The expectations are for:

  • crude oil -1200K
  • gasoline -500K
  • distillates -1100K

The private data last night showed a surprise build in crude oil inventories, but gasoline inventories showed a bigger than expected drawdown:

Current inventory data to be released by the DOE_ WTI crude oil prices are trading down $1.14 or -2.8% at $39.53 for the November contract. The December contract is down $-1.11 or -2.69% at $39.83.

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