Oil Holds Gains as Geopolitical Tensions Belie Bearish Signals

Oil held gains near the highest since late October as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone. Futures were steady in New York, after gaining 3.7 percent over the previous two sessions.

from Google Alert - Business http://bit.ly/2FZmMDl
Oil held gains near the highest since late October as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone. Futures were steady in New York, after gaining 3.7 percent over the previous two sessions. https://ift.tt/eA8V8J

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