Oil - private survey of inventory shows headline crude build, not as much as was expected ...Middle East

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.Via Twitter:--Expectations I had seen centred on:Headline crude +1.8mn barrelsDistillates -1.2 mn bblsGasoline +0.6 mn--This data point is from a privately-conducted survey from the American Petroleum Institute (API).It's a survey of oil storage facilities and companiesThe official report is due Wednesday morning US time.The two reports are quite different.The official government data comes from the US Energy Information Administration (EIA)Its based on data from the Department of Energy and other government agenciesWhereas information on total crude oil storage levels and vari

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