The first of the two weekly oil inventory survey data points from the US
- This is the private survey, the official government survey results will follow Wednesday morning US time
Today's is published to subscribers to the private service at 4.30pm NY time
It'll hit media in the minutes following. There are questions around the usefulness of the surveys but one thing is for sure, they can have an immediate impact on pricing.
The Reuters survey of analysts has U.S. crude stocks expected to fall by 3.8 million barrels. As noted on other occasions in reference to these analyst surveys ... they are voluntary and don't represent every analysts expectations (eg. a guy down the pub yesterday reckons inventories are higher ;-) )
