What's moving the oil markets?
Brent is trading over $1
below the 200 -day moving average of $56.04/bbl, leaving prices vulnerable to
technical selling. "The market has been technically driven and we might see some
more technical selling later in the afternoon," one source said.
Read more...
http://www.platts.com/Oil/Resources/Whats%20Moving%20the%20Market/