Crude inventories are expected today at 10:30 AM EST. For the week ending April 9, U.S. commercial crude oil inventories decreased by 2.2 million barrels from the previous week to 354.0 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 14.8 million barrels per day during this period, 209 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 8.9 million barrels per day, down 681 thousand barrels per day from the previous week.
Upcoming Releases
Crude Inventories (04/21 at 10:30 AM EST)
Initial Claims (04/22 at 8:30 AM EST)
PPI (04/22 at 8:30 AM EST)
Existing Home Sales (04/22 at 10:00 AM EST)
