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Oil: U.S. has issued a security alert following reports of Iranian plan to attack US interests - Axios

US has issued a security alert following reports of Iranian plan to attack US interests.

WTI levels

While we await oil markets to begin trading, it is worth noting that, technically, oil has been unable, so far, to exit the lateral trading range that has compressed volatility in the last few days, with the price stuck in a sideways channel, unable to make a material break one way or the other... More to come ...

 

 

 

China will never concede on `issues of principle' - Global Times / Trump: We are right where we want to be with China

There had been some optimistic wires flowing through from the top negotiating officials on Friday from the likes of Trump and China's vice premier Liu
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WTI Technical Analysis: Upside targets 63 handle on Iran headlines / 200 DMA on the flipside compelling on trade war escalations

Daily chart
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