Dear subscribers,

I’ll be publishing a full Oil Trading Alert tomorrow (Jan. 11).

To keep you in the loop, crude oil prices are stabilizing today after a week of steady rises, as the crackdown on protests in Kazakhstan put an end to fear about production disruptions, and in view of lower-than-expected US employment figures. We are still currently witnessing a market seeking a directional move (either extending further to the upside or retracing lower to make a pullback onto a lower dip). Therefore, we will wait to see how the US session develops today before publishing updated trading positions tomorrow.

Thank you,

Sebastien Bischeri
Oil & Gas Trading Strategist