Oil 0.26% price fell sharply last week as US inventories rise and new developments regarding Iran. It wasn’t until October 9, when price fell even further as a result of global stock market correction. Where oil 0.26% fell as much as 6%. Now price is testing final of the , which spans back to August. On a final note, the stock market (US, China, Australia) must be followed closely for potential catalysts and correlation.