The Energies Complex was seen ralling up yesterday. Natural Gas was the top performer after a long downside rally. The Crude prices also continued upward rally on the API report.

U. S. crude oil futures headed higher in post-settlement trading on Wednesday, after industry data showed that domestic crude inventories fell much more than expected last week.

The American Petroleum Institute reported that crude stocks fell 7.2 million barrels to 336.3 million barrels in the week to Sept. 4, far more than the forecast in a Reuters poll for a 1.5 million barrel drawdown.

OPEC ministers were expected to leave output unchanged at their meeting on Wednesday in Vienna after Saudi Arabia and others in the group said there was no need for action.

Global oil demand through next year will be weaker than previously forecast while petroleum supplies will be higher, the U. S. government said.

Today we have EIA inventory report, any larger than expectation in Crude Oil and Gasoline stocks may trigger Crude Oil Futures during eveing trading session. In Natural gas bargain hunting renewed buying and strong spot market may trigger some buying interest.