Oil failed to break above $100.00 mark

Market news

14 March 2011

Oil failed to break above $100.00 mark

April WTI Crude picking up with a European session high of $99.89 after earlier look at $98.46, but running into some hourly trendline resistance ahead of $100.00. Support now seen at $97.00 with resistance at $101.45.

Before the bell:

ECB WEBER: Rejects EFSF secondary market bond buying, lower interest rates

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