US crude, products inventories seen down last week

U.S. crude oil stockpiles were expected to fall last week, while distillate and gasoline inventories were also likely down, according to a preliminary Reuters poll. The report is a routine inventory preview rather than an actual data release, so it has limited immediate market impact. It is relevant for near-term oil and refined-product pricing expectations.

Analysis

U.S. crude oil stockpiles were expected to fall last week, while distillate and gasoline inventories were also likely down, according to a preliminary Reuters poll. The report is a routine inventory preview rather than an actual data release, so it has limited immediate market impact. It is relevant for near-term oil and refined-product pricing expectations.