Here are some reasons I was thinking for this strength 91+ ( even on the face of EURO 1.220 ) was last 2 days developments of
a) Syrian Opposition big blow to inside Govt. circle attacck
b) proposed UN sanctions on Syria that came to Vote ( of-course Vetoed by Russia and China later )
c) Oil market may be thinking Syrian UpRise entered a new phase with this attack , markets may be drawing some parallels with early up-rise of Libyan days ..
d) and US will use this new Syrian Opposition attack WIN to ARM opposition even much bigger way to Topple Asad and GET NEXT DOOR to IRAN ...
e) with anticipation of US coming to Syria ( indirectly thru opposition ) , IRAN may get more aggressive now instead of waiting for US/NATO forces coming into Syria soon ...
Again this is all my guess work of what OIL Market Gurus may be thinking .. this theory could be very much flawed ..
Quote from EON Kid:
I was wanting to short the crap out of crude up here, but its still so bullish, unusual strength 6E is still near July lows & dropping since the open