OIL: August Nymex WTI Crude prices posted small gains yesterday after an early fall to $91.51 from Asian opening levels around $93.20. Early euro dollar weakness over the Greek debt situation dragged the contract lower but the market turned in NY with a strong equity rally taking the WTI August oil back up to highs of $93.87 closing the day marginally higher at $93.63. The ICE Brent premium over WTI narrowed from over $20 to around $18 ahead of the WTI July contract which expires today. Focus later today will be on the API data for the week ending 17 June which is expected to produce a draw of around 2 million barrels in Crude stocks. Asian markets this morning saw a gentle climb in WTI to $94.45. Today's support is seen at $92.69 and $91.85 with resistance at $95.40 and $97.16

Source