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Another volatile session for Oil

OIL
  • It's another volatile session for Oil, albeit just $1.02 range overnight, but WTI has now lost $7.09 in just the last 4 sessions, and $15.80 from the September high.
  • WTI is well off the $76.51 low, now back above $77.
  • Today's low print was the lowest since 24th July, further out would see $74.26 - 61.8% retracement of the May 4 - Sep 28 bull run as the next support area.

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