- The API US oil inventory data is due at 16:30ET ahead of the EIA Weekly Petroleum Status Report tomorrow. US crude oil inventories are expected to show a build of 1.8mbbl in the week to Nov. 1, according to a preliminary Reuters survey. Gasoline is expected to draw 1.7mbbl and distillates to draw 1.5mbbl with a 0.2pt rise in refinery utilisation.
