Crude inventories are expected today at 10:30 AM EST. For the week ending October 1, U.S. commercial crude oil inventories had increased by 3.1 million barrels from the previous week to 360.9 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, 515 thousand barrels per day below the previous week’s average. U.S. crude oil imports were averaging 8.9 million barrels per day, down by 79 thousand barrels per day from the previous week.
Today at 2:00 PM EST, the Department of Treasury will release the balance of the Treasury Budget for September, with an anticipated deficit of $41.6 billion, following the reported $90.526 billion deficit in August.
Upcoming Releases
Crude Inventories(10/13 at 10:30 AM EST)
Treasury Budget (10/13 at 2:00 PM EST)
PPI (10/14 at 8:30 AM EST)
Trade Balance (10/14 at 8:30 AM EST)
