Oil (F) 2016-11-28

Crude Oil prices retreated as Saudis Say Cut May Not Be Needed.

Intraday-Levels support at (44.55) while as long as market holding daily close above (45.55) another rebound correction may hit market toward (47.50) zone.

Any daily close below (45.55) may add more drop pressure, while below (44.55) market may head for farther drop toward (42.20-50) zone.

	Support	Resistence
Level 1	45.55	46.55
Level 2	44.55	47.80
Level 3	42.20-50	49.35