The West Texas Intermediate Crude Oil market rallied again during the day on Monday, smashing through the $80 level. The $80 level is a psychologically important level, and an area that has mattered in the distant past. We continue to see a lot of concern when it comes to the supply of crude oil around the world, and I do not see that changing anytime soon. The West Texas Intermediate Crude market is no different than any of the other grades out there, as we are running out of supply. Underneath, the $80 level should be somewhat important, as it is a large, round, psychologically significant figure and an area that ... (full story)