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Crude Oil - WTI evolution - 15:50 (CET)

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26 October 2009 @ 11:57 am ET

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As we expected, the West Texas barrel broke the 81.00 dollars, given the perspectives that China will rise its demand by 13% during the Q4 200.Oil is appreciating 2.1% since the session opened, with a new daily high at 81.61 dollars at the NYMEX.

If the trend remains to the upside, the next resistance is at 85.00, while on the downside 80.00 are a key support.