Oil has risen from 50 all the way to near 58Some Pullback is normal. Look back you will see it rose 5bulks each time and pulled back half of its rally every time! This time it had risen for over 7 dollars! It had been hovering around 57 for few days and looking for excuse to pullback! Today’s stupid IEA report became a trigger for pullback!
This will be the last pullback before November 30! Only 10 trading days left!