Crude Oil Futures Update

Yesterday´s Energy inventory numbers finally gave oil the push higher and broke the 75,50/bbl resistance,
EIA data showed crude oil stocks dropped a heavy 1.8 mln bbl against forecasts for a 700k bbl drop. Distillate inventories rose as expected 700k bbl, Gasoline inventories were down 100k bbl compared to the forecast 1.6 mln decline.
Main market focus still on the Tropical Storm Chris where the projected route is still coast of Florida and possible in to the oilfields in the Mexican Gulf via the Strait of Florida.
Middle East tensions remains, where the conflict is stepping up on a daily basis.