Salient to Investors:

Jordan Kotick at Barclays said New York oil’s 2-year mean is underpinning closing prices on the weekly chart at around $95.15 a barrel – buyers are emerging near the $95 level, signaling oil may test the $98.25 to $98.35 range, and may rise to $100 a barrel if buying interest along the 2-yr moving average pushes prices above $98.35.

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