American Petroleum Institute (API) crude oil inventories data
- Crude inventories up by 2.3 mln barrels for the week (ended December 11)
- Crude inventory at Cushing rose 874,000 barrels
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Its out earlier to their subscribers (at 4.30pm ET) and released publicly at 4.35pm ET
- The API data is closely watched as a guide to the EIA data due Wednesday morning
- The consensus estimate for the EIA report is currently for a stock build of 2265.18K bbls
