WTI possible move higher on escalation of Syrian conflict

Gary has published an article outlining the seriousness of the situation Syria, which is having an impact on the oil price and keeping the upside pressure on prices. An escalation of hostilities from the Allied nations will only put more pressure on prices to the upside.

Saudi IPO wants $80 price

Additionally there is the massive Saudi IPO that really wants prices towards US$80-00 which they are very openly verbalising.

So short term remains to the topside but as soon as this completes I am expecting another move to US$55/60.