At 10:30 am ET, the Energy Information Administration is due to release its report on oil inventories in the week ended March 14th. Crude oil inventories are expected to increase by 1.2 million barrels after rising by 1.4 million barrels in the previous week.
The Federal Reserve is scheduled to announce its latest monetary policy decision at 2 pm ET, followed by Fed Chair Jerome Powell’s post-meeting press conference at 2:30 pm ET.