In the wake of a governmental shake up in several Eurozone countries escalating uncertainty continued the several days long downtrend and pushed oil prices lower still. Brent crude, at least, managed to recovery slightly and was holding above $113 per barrel. However, the price of Nymex-traded WTI oil fell for the fifth consecutive day and analysts say that rising levels of inventory, as reported by the EIA, is not currently supportive and analysts say that the stocks will continue to rise over the next few weeks ahead of the pipeline reversal at Seaway. Read more