•IPE
Brent futures Wednesday rose half a dollar in early trading on expectations
that US inventory data due to be released later in the day would have a
bullish impact on the market. An 800,000 barrel draw in gasoline stock in
expected.
•Continued unrest in Iraq is also a
continuing cause for concern in the market.
•Shell continue to shut in a fifth
of Nigeria's 2.5 million b/d production as a precaution after the militants
bombed the Forcados loading platform and sabotaged two pipelines belonging
to Shell and state-owned NNPC.
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