On a technical basis, WTI is doing a little better than Brent in so much as WTI has broken above the 21, 100 and 200-DMA’s whereas Brent has yet to test the 21-DMA. At present WTI looks on track for a test of the 94.84 level with a move back below the previous hourly resistance at 91.97 needed to place this view in doubt. WTI was last at 93.43 amid a 91.12-93.47 range so far.
