Crude Oil Fundamental Analysis March 6, 2012, Forecast

Crude Oil is available at 106.78, opening today at 106.54. Oil slid around all day staying in a tight range as negative and positive news balanced each side off. The ongoing worries from Iran, matched the news from China, where Premier Wen Jiabao, in his annual state-of-the nation report to China's parliament, reduce growth for 2012 of 7.5 percent