Oil up a quarter-cent with US inventory data due up next

US expected to put another 2 million barrels into storage

The weekly oil inventory data from the Department of Energy is expected to show a 2000K build. Supplies have only shrank in one week so far in 2017.

Here"s the full rundown on what"s expected:

• Oil +2000K exp


• Gasoline -2000K exp


• Distillates -1200K exp


• Cushing +1000K exp

Yesterday, private data from the API virtually matched the consensus while the gasoline draw was smaller and the distillate draw was larger.

Oil up a quarter-cent with US inventory data due up next
Oil up a quarter-cent with US inventory data due up next
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