The average estimate from nine industry experts puts total commercial crude stocks at 409 million barrels. While individual projections vary—ranging from a steep 7.9 million barrel withdrawal to a modest 1 million barrel increase—the consensus points toward continued market contraction. Gasoline inventories are also anticipated to shrink, with forecasts suggesting a 700,000-barrel decline to 215.6 million barrels.

Distillate fuel stocks, encompassing mostly diesel, are expected to see a marginal dip of 100,000 barrels, landing at 106 million barrels. Simultaneously, refinery capacity utilization likely edged down by 0.3 percentage points to 95.8%. The official report from the U.S. Energy Information Administration is slated for release on Wednesday at 10:30 a.m. EDT.