February crude oil prices spent the early morning hours consolidating yesterday's downdraft inside of a tight range. Crude oil prices seemed to overlook private industry data late Wednesday that showed a surprisingly large build in US crude supplies. Expectations for this morning's EIA report are for a draw in the range of around 1.5 to 2.0 million barrels. The 5 year average draw for this week of the year is around 4.1 million barrels, as refiners draw down inventories in an effort to reduce tax liability. Meanwhile, the outside market tone this morning is mixed, with a weaker Euro currency that registered a new low for the decline against the US dollar and higher US equity markets.