Crude Oil inventory will be released at 1600GMT
The EIA natural gas storage showed a 39BCF change this week. That is a bit higher than the 33 BCF estimate. The impact is limited.
Later at 1600 GMT, the weekly DOE inventory data for crude oil, cushing and gasoline will be reported.
Crude oil inventories are expected to show a 3200K build. Gasoline inventories are expected to fall by -1850K.
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 8.79 MM barrels and gas stocks up +0.188MM.
The price of crude oil is currently trading at $56.94
