Oil traders - heads up for the API data due at the bottom of the hour

US oil stockpile data from the American Petroleum Institute is due at 4.30pm ET (2030GMT) ... and publicly available at 4.35pm (2035GMT)

The API data is closely watched as a guide to the official EIA inventory data due tomorrow morning (US time).

The 'expected' for the data from EIA tomorrow is an inventory build of 1790Kbbls for US Crude Oil Inventories.