Guys seriously stop addressing the tools, its annoying when you have blocked them to see all the reply posts. They are non-factual and clearly intended to frustrate holders.
Here's an update on the oil price scene, the extract below is from the last link. All are quite informative. Again it seems further movement up will be based on stimulus flow from US or China. At least its nearing the $100 mark.
[But the price has stayed in a narrow range recently. That's because traders aren't convinced yet that stimulus measures announced in Europe or those expected in the U.S. will be enough to bolster the global economy, Tradition Energy oil analyst Gene McGillian said.
"The market is starting to signal that unless we see something verifiable that the global economy is improving, further advances are going to be kind of tough to come by," he said.]
http://www.heraldsun.com.au/business/breaking-news/global-oil-prices-hold-steady/story-e6frf7ko-1226473056715
http://www.newsobserver.com/2012/09/11/2333116/oil-falls-to-near-96-in-asia.html
http://www.edmontonjournal.com/business/resources/prices+rise+Asia+ahead+ahead+Federal+Reserve/7230129/story.html
http://www.nasdaq.com/article/us-import-prices-up-07-oil-prices-rise-20120912-00455
http://www.businessweek.com/ap/2012-09-12/oil-prices-steady-ahead-of-federal-reserve-meeting
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