Crude Oil Fundamental Analysis March 14, 2012, Forecast

Analysis and Recommendations:

Crude Oil is trading at 106.95 after hitting a high of 107.34.

Crude like all the other commodities and currencies are taking a wait see until the Fed rate decision and FOMC minutes. Crude has fluctuated today on the movement of the dollar. Increased market sentiment in Germany gave it a bump, but increases in US retail sales did not change the course of the charts.

It is just time to sit back and wait along with everyone else.

Economic Events: (GMT)

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