Oil U.S. Light Crude Futures ($59.96)
In my February 14th, 2006 comment on oil, I spoke about the importance of support in the $60 area. Since then we have bounced from $60 and then nudged down through it. I would be happy now to see the $55 short term support area.
I continue to maintain a positive view of oil price prospects beyond the near term.
0 Comments:
Post a Comment
<< Home