USOIL H8 | Market View

- EIA has just provided its Weekly Petroleum Status report which indicated that crude inventories decreased by 4.4 million barrels. This is a much smaller decrease that the one indicated by yesterday’s API Crude Oil Stock Change report which showed that crude inventories declined by 9.5 million barrels.
- Technical we will look for SELL between 40.50-41.10 with potential target 38.20