Crude inventories are expected today at 10:30 AM EST. For the week ending March 26, U.S. commercial crude oil inventories had increased by 2.9 million barrels from the previous week to 354.2 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 14.2 million barrels per day during this period, 192 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 9.1 million barrels per day, down 337 thousand barrels per day from the previous week.
Consumer Credit figures are to be released today at 3:00 PM EST. Consumer credit had decreased at an annual rate of 2.5% in January. Revolving credit decreased at an annual rate of 2.25%, and non-revolving credit increased at an annual rate of 5%.
Upcoming Releases
Crude Inventories (04/07 at 10:30 AM EST)
Consumer Credit (04/07 at 3:00 PM EST)
Initial Claims (04/08 at 8:30 AM EST)
Wholesale Inventories (04/09 at 10:00 AM EST)
Consumer Credit (04/07 at 3:00 PM EST)
Initial Claims (04/08 at 8:30 AM EST)
Wholesale Inventories (04/09 at 10:00 AM EST)
