WTICOUSD huge build on US oil unofficial inventories wiping out last weeks draw, but also a large draw of inventories for Distillate, Gasoline and Cushing. I'll be travelling when the figures come out. So do be cautious tomorrow. I would say that we are reaching premium zones, ripe for the odd sell off. Traditionally driving season increases demand. Let's see if that is true now. oilprice.com/Latest-Energy-News/World-News/Oil-Bulls-Balk-At-Surprise-Crude-Oil-Inventory-Build.html
USOIL It's an imperfect Double Inside Day that showed up on the Hourly. A BIG move is coming, either during the remainder of the New York session or in the After Hours.