Daily chart After being released on Wednesday morning, weekly inventory figures from the Energy Information Administration - EIA Crude oil futures continued their downward trend, as these reports showed an unexpected rise in crude supply. The EIA reported that crude inventories for the week ended Sept. 20 rose 2.6 million barrels. Analysts expected a decline of 1.5 million barrels and the forecast was at -1.0M barrels. Gasoline supplies also rose 200,000 barrels, while distillate stocks fell 200,000 barrels, the EIA said. Observing our daily chart and following the closure of the daily candle today, it completely invalidates possible rebound we saw yesterday and we are looking at a continuation of the downtrend with a target closer to 100.00 dollars a barrel.
