Oil on 3-week high again!

It's hard for me to imagine how a little thing such as Saudi arabia's comments keep lifting comments, for like the bazillionth time in a row. Other catalysts include Libya production outage.

 

 

 

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...and it has erased gains again. Watch the dollar, that's the fundamental to pay attention to at this moment in time

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It's very whiplashy. Now WTI is up and Brent is down. 

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Yes the USD and EUR are determining commodity prices a lot lately more so than the API reports.  The moves over $1 wide everyday! Stockpiles aren't changing much

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Falling cushing inventories have kept WTI afloat though..

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