Oil - American Petroleum Institute (API) data: Build of 9.9 million bbls

American Petroleum Institute (API) crude oil inventory data result

• US crude stock inventory build of 9.9 million barrels
• Cushing build of 1.8 million
• Gasoline draw of 2.2 million barrels
• Distillate +2.7 million barrels

That's a huge build in inventory, more than was expected

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Note - The American Petroleum Institute data is out earlier to their subscribers (at 4.30pm ET) and released publicly at 4.35pm ET.