American Petroleum Institute (API) crude oil inventory data for the week ended November 27 •A stock build, while expectations were for a drawdown •US crude stock rise of 1.6 mln bbls •Stocks of crude at Cushing up 453K bbls - •Note - The American Petroleum Institute data is out earlier to their subscribers (at 4.30pm ET) and released publicly at 4.35pm ET •The API data is closely watched as a guide to the EIA data due Wednesday morning (US time). •The consensus estimate for the EIA report is currently for a stock draw of 668.18K barrels (full story)