[BRIEFING.COM] The market is moving up toward early session highs. The Nasdaq Composite is nearly 2.0% higher.
The weekly EIA Crude Oil Inventories showed a draw of 3.73 million barrels following last week's draw of 3.44 million barrels. WTI crude oil futures moved higher in response, up 3.1% today to $75.43/bbl.
Natural gas futures are also higher, up 3.4% to $2.08/mmbtu, helping boost the energy sector (+1.9%).