TREE NEWS update: The American Petroleum Institute is scheduled to release its weekly industry crude oil inventory report at 04:30 Beijing time. Non-API members are expected to have access to the data details as early as around 04:32. The report is a widely watched gauge of US crude stockpiles ahead of official government figures.
API to Release Weekly Crude Oil Inventory Report at 04:30 Beijing Time
This is a scheduled data release rather than a market-moving event in itself, and the API figure functions mainly as a preview that official government data later confirms or contradicts. The narrow gap before non-members see the details matters for anyone trading the print, since the initial reaction window is brief and liquidity thin at that hour. Whether the industry estimate diverges from the official figures is the open question worth watching.
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