What's moving the oil markets?
US oil inventory data from the
Department of Energy and American Petroleum Institute are expected to show a
2.75-mil bbl rise in commercial crude inventories, analysts surveyed by Platts
said Tuesday. Analysts were projecting a 1.4-mil bbl build in gasoline stocks
with higher runs resulting in a jump in production. Distillate inventories were
expected to decline 1-mil bbl. Fresh set of US inventory stock data will be the
main driving force today.
Read more...
http://www.platts.com/Oil/Resources/Whats%20Moving%20the%20Market/