Oil - private survey of inventory shows a large headline crude oil build vs. draw expected ...Middle East

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Oil - private survey of inventory shows a large headline crude oil build vs. draw expected
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The numbers via oilprice.com on Twitter:--Expectations I had seen centred on:Headline crude -1.1 mn barrelsDistillates -0.2 mn bblsGasoline -1.1 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 other government agenciesWhereas information on total crude oil storage levels and variations from the previous week's levels are both provided by the API report, the EIA repo

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