A weekly report on the volume of oil reserves in the USA from API is due at 22:30 (GMT+2). In addition to the oil data, the most important in the report, it also contains information on gasoline and distillate stocks in the United States. Traditionally, their reduction leads to the increase of oil quotes, and growth – to the fall of prices. The last time they rose by 6.810 million barrels. The continuation of this trend may put pressure on prices.
Read more here: