Projections for the week suggest commercial crude inventories will settle at 407 million barrels. While the consensus among nine analysts and traders points toward a decline, expectations remain split: seven participants forecast a drop, while two anticipate a build, with individual estimates spanning from a 4.3-million-barrel withdrawal to a 1.6-million-barrel increase.

Downstream products show mixed trends. Gasoline inventories are expected to dip by 1.3 million barrels to 212.7 million, while distillate fuel stocks—primarily diesel—are forecast to climb by 900,000 barrels to 109.5 million. Meanwhile, refinery capacity utilization is projected to edge down by 0.1 percentage point to 96.5%. The U.S. Energy Information Administration will provide the definitive figures on Wednesday at 10:30 a.m. EDT.