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05-04-2022 09:20 AM | Source: Swastika Investmart Ltd
CRUDEOIL is consolidating in the range of 7670-8370 where move above 8370 - Swastika Investmart
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Daily Commodity Market Updates

News in headlines:

Oil gains 1% after U.S. crude stocks signal tighter supply

Global manufacturers lose momentum as inflation worsens: Kemp

Russian strikes pound Ukraine on eve of new EU sanctions

Chart of the day:

CRUDEOIL: CRUDEOIL is consolidating in the range of 7670-8370 where move above 8370 can lead some upside towards 8470-8550 while if it slips below 7350 it may head towards zone.

Technical View:

Bullion: Day trend is indicating sideways in Gold & Silver.

Energy: Day trend is indicating sideways in Crude oil & uptrend in Natural gas.

Base metals: Day trend in base metal is indicating sideways to downtrend

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