Oil - private survey of inventory shows headline build much, much larger than was expected ...Middle East

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Oil - private survey of inventory shows headline build much, much larger than was expected
This is from the privately surveyed oil stock data ahead of official government data, from the US Energy Information Administration, tomorrow morning out of the US.A huge headline build, but huge product draws also!Expectations I had seen centred on:Headline crude +2.6 mn barrelsDistillates -1.6 mn bblsGasoline -1.2 mn---This data point is from a privately-conducted survey by 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 ot

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