WTI Crude Oil futures rallied over 1% and recaptured the $60 a barrel level after the US Energy Information Agency (EIA) reported that domestic inventories decreased by 6 million barrels for the week ending October 24th, following a 1 million barrel decline the previous week. Commercial stockpiles now stand at 416 million barrels, which is 6% below the five-year average, indicating a tighter supply outlook. Technically, WTI Crude Oil futures have been rangebound, showing a series of lower highs and lower lows, with a small double bottom near the $56 level. Overhead resistance for the December contract is near the $63 mark. Natural Gas futures continued to work their way lower ahead of the November contract expiration due to warmer forecasts signaling weaker demand, particularly in the eastern half of the United States. Traders are monitoring $3.60 as key support and $4 as the upper level of resistance. Tomorrow's EIA inventories are expected to show a build of 71 billion cubic feet.