TREE NEWS update: The American Petroleum Institute will release its industry version of the weekly crude oil inventory report at 04:30 Beijing time. Non-API members can obtain the data details as early as around 04:32.
API to Release Weekly Crude Oil Inventory Report at 04:30 Beijing Time
The API's weekly stock estimate is the first read on U.S. crude balances ahead of the official government figures, so its timing matters most to traders positioning around the inventory cycle. The narrow gap between the API release and wider access to the details leaves little room for an information edge. Whether this print sets the tone for the official data that follows is the open question worth watching.
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