Energy::: Crude Oil WTI futures is trading at 60.77 levels, 0.56% above from its previous close. The black gold has witnessed a sharp rally after Energy Information Administration came up with a slippage in stock piles of crude oil inventories by 9.499 million barrels. On hourly scale, the counter has given a breakout of its previous resistance that was placed at $60.35 levels. The black gold is likely to continue its bullish momentum. RSI is trading at 79.35 levels showing no signs of divergence and oversold. Stochastic oscillator is trading in an oversold zone.