Stockpile data for oil via API’s weekly survey Crude build of 6.223 mln barrels Cushing draw of 1.93 million barrels Gasoline draw 1.58mln barrels Distillate draw 530K bbls The crude stockpile build was well above expectations (they were around 1.9 mln) – Note – The American Petroleum Institute data is out earlier to their subscribers (at 4.30pm ET) and released publicly at 4.35pm ET. 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 a stock build of 733.33Kbbls for US Crude Oil Inventories.