American Petroleum Institute (API) crude oil inventories data for the week to October 2
– Crude inventories drawdown of 1.2mln barrels
– Cushing stocks fell 100K barrels
-Note – This data is released earlier to API subscribers, at 4.30pm ET, and released publicly at 4.35pm ET. If you are trading oil you would have seen the price pop at the bottom of the hour on the private data release.