The West Texas Intermediate Crude Oil market fell rather hard during the trading session on Thursday, slicing through the 50 day EMA like it was not even there. That being said, we also turned right back around due to the strong bullish inventory figure coming out of the United States. The Crude Oil Inventories figure came out at -3.8 million barrels, much more bullish than the originally anticipated -2.1 million barrels. With that being the case, it does look like a market that is seeing a bit of demand, but it isn’t even demand and at the end of the day we also have to look at the fact that economies may be slowing ... (full story)