Private oil inventory survey shows huge headline build vs. draw expected

What we know so far

investingLive (Nov 11, 04:27): This week the API data carries extra weight, because the delayed EIA release gives traders longer to position on the industry figures. Middle East supply disruption is keeping crude highly sensitive to any sign of tightening or loosening in US balances, so early inventory signals have a bigger effect on prices than usual. Product stocks matter as well, since gasoline…