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

US oil inventory 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 +654.55K bbls for US Crude Oil Inventories.