Calling all 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)

Why is API data watched? As a guide to the official US Energy Information Administration (EIA) inventory data due tomorrow morning (US time).

The 'expected' for the data from EIA tomorrow is for an inventory build of 2265.18K bbls for US Crude Oil Inventories.