ENERGY Sector : Next stop 18,880

Oil is on the ropes, struggling to hold, and the Thai energy sector looks as if it will soon retrace to or rather near 18,880.

The saviour to a such a pullback could however be seen shortly in the form of the Fed ‘allowing’ a more inflationary bias. If so oil and indeed commodities will rebound, so stay tuned to the Bald one when the FOMC speak over the next few days.

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