US petroleum inventory data coming up
The dip in the risk trade is weighing on oil at the moment with WTI down 37-cents to $60.77.
- Crude -2150K expected
- Gasoline +1477K expected
- Distillates -1549K expected
API private oil inventories from late yesterday:
- Crude -5800K
- Gasoline +3900K
- Distillates -3500K
- Cushing -3000K