Fundamentals look good with Brent up over 4%, WTI 3.64% 2day. Speculation looks good with constant chatter over Seven getting a stake. STO also might be able to make its bid for SXY now with more solvency and keeping credit rating agencies at bay due to its massive oil discovery off Malaysia http://www.rigzone.com/news/oil_gas/a/137835/Santos_Japaneseled_Team_Make_New_Oil_Find_Off_Malaysia T/A looks good with the bullish resistance level of 43 going to 45c on a short term bullish hammer pattern, a continuation of the February 9 pattern to 39c that discontinued due to POO falling.
