US API Crude Oil Inventory Weekly Report Due at 04:30 Beijing Time

The API's weekly report matters less as a standalone number than as a positioning cue ahead of the official government figures, since the two can diverge and the market often trades the first print before the second confirms or contradicts it. The narrow gap between the scheduled release and wider access means the initial reaction is likely to be thin and reflexive, with the more durable read coming once the official data lands. Whether the early snapshot holds up against the government tally is the open question.