The American Petroleum Institute reportedly shows a build of 4.13M barrels of oil for the week ending Oct. 4, following a 5.92M-barrel draw in the previous week.
Energy Information Administration data to be released tomorrow is expected to show crude inventories rising by 2.4M barrels last week, according to S&P Global Platts.
Gasoline inventories reportedly show a draw of 5.94M barrels and distillate inventories show a draw of 4M barrels, while Cushing inventories show a build of 1.24M barrels.
November WTI crude edges lower after the report, recently at $52.42/bbl in electronic trading after settling at $52.63/bbl.
Now read: Crude Oil Is A Monkey In The Middle »
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