Forex | Forex Strategies | Daily Oil Prices - Oil Trading Analysis (02/09/2009 08:25:14)

Daily Oil Prices - Oil Trading Analysis

A volatile day for oil trading yesterday as the oil market reflects analysts' uncertainty as to whether the recent crude price reversal represents a consolidation phase following a doubling of prices since January, or whether we are at the beginning of a deeper correction.  Although today's EIA oil stats will offer a degree of direction the energy complex is still heavily influenced by the performance (or otherwise of the US Dollar).  In addition the 8th September sees the OPEC


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