Crude Oil - Market Direction

2016年12月5日With being sure Oil was going to continue its way down on price, OPEC hit us with a curve and decided to change things up...
Announcing the decrease in production by 1.3 million barrels a day, we have seen the price for Crude and Brent Oil skyrocket.

Now, we have price hitting a heavy resistance level...

Will this recent chance in oil production be enough to break this price level this week? Only time will tell...

Please feel free to comment your ideas below. vv