WTIC - daily
If we see 118/119 within the next few weeks we could call it a confirmation that the 140s - with a test of the 2008 high of 147 is coming.
Oh yeah, that's right, rising oil prices, that's got to be a green shoot for this Spring!
Thursday, 22 March 2012
WTIC: baby bull flag, a challenge to $117
Oil is still relentlessly showing considerable strength. Over the last few days we've seen talk of Saudi Arabia ordering 11 super tankers of oil to be sent to the US to bring prices down. Huh? Why would they want or care for lower prices. Its just more nonsense talk.
WTIC - daily
If we see 118/119 within the next few weeks we could call it a confirmation that the 140s - with a test of the 2008 high of 147 is coming.
Oh yeah, that's right, rising oil prices, that's got to be a green shoot for this Spring!
WTIC - daily
If we see 118/119 within the next few weeks we could call it a confirmation that the 140s - with a test of the 2008 high of 147 is coming.
Oh yeah, that's right, rising oil prices, that's got to be a green shoot for this Spring!