Friday crude oil evening session surged strongly, approaching the $100 mark!



Latest quote $99.31/barrel, intraday gain expanded to +3.74%, with intraday high touching $99.32.

Key levels:
Open: 96.74
Previous close: 96.39
Low: 92.04
SAR indicator: 115.44 (medium-term resistance)

Technically, oil price has broken through the recent consolidation range. If it can hold above $99 next, the next target will be the $104 level. However, the SAR indicator remains at elevated levels, with potential short-term volatility.
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