Oil (F) 2016-11-21
market managed to sustain advance as Saudi Arabia’s energy minister Khalid Al-Falih said Thursday he's "optimistic" that the agreement OPEC reached in September to limit supply will be implemented
as long as market holding daily close above 45.55 the uptrend will sustain toward 49.35 zone and maybe above
any daily close below 45.50 may set back farther drop toward 42.80-43.20 zone
Support | Resistence | |
Level 1 | 46.25-35 | 47.35 |
Level 2 | 44.85 | 48.50 |
Level 3 | 43.20 | 49.35 |