Oil prices fell sharply in Tuesday's trade by more than 3% to reflect a dramatic shift in geopolitical tensions in the Middle East.
At 10.50am, the price per barrel of WTI crude fell by 0.13% to $66.32 per barrel and Brent was steady at $69.53 per barrel with both recording their lowest levels this year.
However, API and EIA did not issue any statements at a time when the world's largest oil consumer, the United States, saw the latest economic data as still resilient.
The only relevant indicator of output data was customs data on China's exports, which grew rapidly in August as manufacturers moved to account for the upcoming tariffs.
China's import data was disappointing with only an increase of 0.5% compared to expectations of 2% which is lower than before.
The American Petroleum Institute will release estimates of crude oil and crude oil product inventory movements in the United States.
Additionally, Brent crude oil is now trading down $4 from the same time last week and WTI is trading down $4 week over week.
