Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rise by 112,000 barrels, according to API data, after falling by 734 ...
Technical studies are mixed on daily chart as 14-momentum is neutral, MA’s in bearish configuration and stochastic is oversold. Look for direction signals on break of either $68.00 or $70 triggers.