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3.6 Million Barrels
Forecast: 2.2 Million Barrels
Analysis
Crude prices nowadays are overly sensitive and volatile towards economic fundamentals, especially those providing more insight on the headings of the US economy, which affects demand levels the most; the EIA report today is much awaited as crude inventories are expected to have risen 2.2 million barrels last weeks, while motor gasoline are expected with a rise of 1.8 million barrels, while heating oil are expected to fall by 1.8 million barrels. On the other hand refineries capacity is expected to retreat to 84.9% which is the lowest level since 2006.