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