Anticipating a move higher towards 62.00 area if we can sustain above 59.00.
Oil prices tumbled 5 percent on Thursday as the extension of output curbs by OPEC www.reuters.com
see notes below first- when i began trading reagan tax cuts produce rally from 82-86 mkt tripled-money market money set to move-2.5 trillion of off shore cash coming home-small co tax rates cut down to 15 % profits soar-january effect small stocks
"Oil Minister Al-Falih has said “We are, in Saudi Arabia, watching the market closely, and if there is a need to take any action to help the market rebalance, then we would, of course in cooperation with OPEC and major non-OPEC exporters.” This is the same talking point the kingdom has been using for some time. It neither acknowledges the need for action, nor...
EURPLN next sell-off coming - S&P cuts rating on Poland's