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Crude oil comment: Pulling back after technical exhaustion and disappointing US inventory data. Low Cushing stocks lifting eyebrows

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Publicerad: 09 Jan 13:44

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.

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Crude oil comment: Pulling back after technical exhaustion and disappointing US inventory data. Low Cushing stocks lifting eyebrows

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