To what's taking place OUTSIDE of Malaysia.
Namely, the state of the global oil price, which could get worst latter tonight, when the American Petroleum Institute data is CONFIRMED by the US Govt.
Crude oil hit one-month lows, as The American Petroleum Institute (API) reported U.S. crude stocks rose by 9.3 million barrels in the last week.
Analysts had forecast that U.S. crude stocks had increased by more than 1 million barrels last week after unseasonal declines in seven of the past eight weeks also weighed on crude.
The API report came ahead of official government data on Wednesday.
U.S. West Texas Intermediate (WTI) futures settled down 19 cents, or 0.4 percent, at $46.67 a barrel, after a near-4 percent drop on Monday. They were lower after the settle following the API release.
Brent January crude futures were down 64 cents, or 1.3 percent, at $47.97 a barrel by 4:50 p.m. ET (2050 GMT). They fell by nearly 3 percent the day before in their biggest one-day drop since Sept. 23.
