it seems like the China crude data is overshadowing the bearish data report by API. Even if the DOE reports bearish numbers numbers, I think CL will go down temporarily and bounce back up because of China.
here are the numbers.
A.P.I Reports ( DJ ) :
Crude: ↗ 6.500 MB
Gasoline: ↘ 3.180 MB
Heating Oil: ↘ 2.800 MB
Refinery Runs: ↗ 1.4 % to 80.9 % vs 79.5 % from a week ago
Crude Imports: ↘ 0.660...