The uncertainty relative to Nigeria remains a front burner issue, with more attacks taking place on Monday, but apparently the attacks did not result in any lost production.
It is apparently going to take more than growing inventories to turn prices seriously lower.
Crude is being held back by the apparent consensus that OPEC will keep pumping.
The Governor of Nigeria doesn't think that militants are set to attack again soon and that has apparently prompted a little profit taking in front of tomorrow's reports.