OilReporting

EIA Posts Better than Expected Weekly Oil Inventories Numbers

NYMEX:CL1!   Light Crude Oil Futures
Asian Market Headlines:

- Oil nudges up slightly to the end of the us session as EIA posted better than expected inventory data

- Travel ban has now been put in place for 5 cities across China as officials try harder to stem to spread

- US Equity markets up during the session as fears subside within the market cooling recent pullbacks

- WHO announces that the Coronavirus is just a local issue and not a global issue yet

Intra-Day Double-Bottom with the confirmation of the engulfing candle on the 15-minute

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