American Petroleum Institute (API) crude oil inventories +4.4 million bbls

American Petroleum Institute (API) crude oil inventory data result

• Oil inventory build of 4.4 million barrels for the week
• Cushing build 692,000 barrles
• Gasoline draw 2.124 mln barrels
• Distillate draw 0.128 mln barrels

more to come

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Note - This data is out earlier to API subscribers (at 4.30pm ET) and released publicly at 4.35pm ET.

• The API data is closely watched as a guide to the U.S. Energy Information
  Administration (EIA) data due tomorrow morning (US time)
• The 'expected' for the data from EIA tomorrow is a build of 3177.78K bbls for US Crude Oil Inventories