Extending gains

Jan-27 00:49By: Fabrice Ben Hassine
Oil Bullets
  • WTI breaks through this week's high on reports of a fire at a Gas Liquefaction unit in Kuwait Oil refinery.
  • Moves are still fairly limited, but the Commodity is nonetheless underpinned.

QUICK MNI TECH :

  • Brent (COA) resistance is at $85.21 - High Jan 12
  • WTI (CLA) is at $83.71 - 1.618 proj of the Dec 2 - 9 - 20 price swing