http://oilinvestingnews.com Objective News on Oil drilling, exploration, and Oil industry investing Thu, 24 May 2012 02:14:47 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://oilinvestingnews.com/1196-buyers-to-buy-if-prices-weaken.html http://oilinvestingnews.com/1196-buyers-to-buy-if-prices-weaken.html#comments Fri, 25 Sep 2009 16:22:35 +0000 Mike Rodger http://www.crudeinvestingnews.com/?p=1196 If bearish sentiment continues for a bit, expect to see a potential break below support levels around $67.35. Further declines in shipping rates due to reduced Chinese demand can be expected to continue, highlighted by expectations for a 50 per cent drop in freight rates in the next four months.

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