The first of the two oil inventory survey data points from the US is coming up at the bottom of the hour

  • it is published to subscribers to the private service at 4.30pm NY time
  • and will hit media in the minutes following

It can have an immediate impact on pricing.

The expectations I have seen :

  • Headline crude expected draw of 3.2 million barrels
  • Cushing draw 1204K barrels
  • Gas -800K
  • Dist. +200K