Crude oil comment: Pulling back after technical exhaustion and disappointing US inventory data. Low Cushing stocks lifting eyebrows
Brent pulled back on technical exhaustion and somewhat disappointing US inventories.
Brent crude rose to a high of USD 77. 89/b yesterday before selling off along with disappointing US inventory data.
It ended the day at USD 76.
16/b, down 1.
2% from the day before and 2.
3% from the intraday high.
The RSI measure came very close to.


