Oil price rocketing higher

<p>Oil had a strong session on Tuesday and that's continuing here today in Asia. </p><p>Surging violence in the Middle East has raised, and keeps on raising, the prospect of negative repercussions for energy exports.</p><p>We have had better data from China also that also indicates an improving picture for demand.</p><p>Oil on a rip:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.