US crude oil futures settle at $45.49, up $0.45
Up $0.45 or 1.00%. What are the technicals saying?
Today the crude oil inventory date showed a big draw down of -7564K vs estimate of -2450K estimate. Sounds bullish right? Well it was seconds after the release. The price moved up to $46.48, but then started to come off and traded to a new session low