It's a hurricane market now. We have to watch the impact of the hurricane for the next two days, as it will decide the market direction.
The market is now waiting for the U.S. government's oil stocks data. If there are any surprising declines in U.S petroleum stocks, crude futures will likely try to breach the $62 mark again.
The upward trend seems sustainable. Speculators are looking out for any news to buy on.
