We get the private survey oil stock data on Tuesday out of the US

Not until 4.30 pm New York time, so maybe have a nap first

S&P Platts reckon their survey show expectations:

  • US crude stocks to have declined by 4.5 million barrels for the week ended June 29
  • gasoline inventories expected to have declined by 2.5 million barrels
  • distillate inventories expected to have declined by 250,000 bbls

Official government data follows Wednesday (US Energy Information Administration data)

Platts citing drawdown expectations driven by US crude exports (hit a record high 3 million b/d in the week ended June 22 on lower OPEC output and a widening Brent/NYMEX WTI spread)