Crude oil inventory data will be released at 11 AM ET/1500 GMT

The EIA natural gas storage showed a 65 BCF change this week. That is a bit higher than the 64 BCF estimate. The impact is limited.

Later at 11:00 AM ET/1500 GMT, the weekly DOE inventory data for crude oil, cushing and gasoline will be reported.

Crude oil inventories are expected to show a 4000K build. Gasoline inventories are expected to fall by -5200K.

The private sector data was released at the start of the new trading day. Zero Hedge posted those results. They showed crude inventories showed a build of 2.791 MM barrels and gas stocks down -2.544 MM. The data this week will include the impact of Hurricane Harvey.

The price of crude oil is currently trading at $49.00 down -$0.16 or -0.35%. The high reached $49.33. The low $48.63.