Oil: WTI Breaks Below $94.00

$93.81 low, $93.96 last. We've been looking for $90 WTI since $108 but may have to get more bearish if supply doesn't tighten up.
From Investing.com:

Crude oil slumps to fresh 4-1/2-month low with U.S. supplies in focus

Crude oil futures fell to the lowest level since June on Wednesday, as ongoing concerns over rising U.S. inventories and weaker demand in the world's largest oil consumer drove prices lower.

On the New York Mercantile Exchange, light sweet crude futures for delivery in December traded at USD94.06 a barrel during U.S. morning trade, down 0.7%.

New York-traded oil futures fell to a session low of USD93.94 a barrel earlier, the weakest level since June 26.

The December contract settled little changed on Monday to end at USD94.62 a barrel.

Oil futures were likely to find support at USD93.71 a barrel, the low from June 26 and resistance at USD96.64 a barrel, the high from November 1....MORE

Here is the daily action over the last year:

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