The data is released at 4.30pm ET – tthat’s the sharp drop in price since then we’ve seen
Social media reporting a build of 9.3 mln barrels
Official data will be released from the US Energy Information Administration
Wednesday morning, US time.
Expectations are currently at a build of 1.53 mln barrels, which seems a bit low given the private data out now. But the two are often quite different.
Private oil inventory data shows much bigger than expected build, oil price drops
