Official US inventory data hits Wednesday morning (US time)

  • Expectations (Reuters polling) are for a headline build of 600K barrels (week up to November 25)
  • Meanwhile, this is the private survey that comes out Tuesday afternoon US time. It's a private subscription service. Showing a draw in stocks.
  • Market eyes, of course, are on the OPEC and other oil producers meeting on November 30 - there is plenty of toing and froing ahead of that (run down of the oil headlines, here)