American Petroleum Institute (API) crude oil inventory data
- Inventory build of 1.3mln barrels (1.265mln barrels to be more precise)
- Cushing build of 382K barrels
- Distillate draw of 2.6 mln barrels
- Gasoline draw 1.2 mln barrels (1.17 mln to be more precise)
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Note -
- This data is out earlier to API subscribers (at 4.30pm ET)
- Its 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)