NYMEX Crude Oil Remains Under Pressure...
Speaking of inventories, Crude Oil showed a much larger draw than expected, while gasoline showed a less build in supply than expected.
Yet, let's notice that nearby NYMEX Crude continues to press lower-- towards my next optimal and initial downside target zone of $92.50-$91.30.
Only a climb above $95.50 will argue for additional recovery into the $96.50 area prior to the resumption of weakness.
