Crude Oil - Sell on a break of 59.00
Saudi officials have calmed the markets aying that they will be back up and running in no time.
The attack was less a shock than expected and Crude is back down to the main support line: 59.00.
A break below here would probably test 55.00.
Just beware that today Saudi officials will bring fourth evidence on who was behind th attacks (Iran apparantly)
and the risk to the trade is an escalation of geopolitical turmoil.
The attack was less a shock than expected and Crude is back down to the main support line: 59.00.
A break below here would probably test 55.00.
Just beware that today Saudi officials will bring fourth evidence on who was behind th attacks (Iran apparantly)
and the risk to the trade is an escalation of geopolitical turmoil.