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DAILY COMMODITY MARKET UPDATES

NEWS IN HEADLINE

* Oil set to close higher in 2022, a turbulent year marked by tight supplies
* Lula to announce Petrobras, Banco do Brasil, Caixa CEOs on Friday -Haddad
* Oil drops on China uncertainty; U.S. demand limits decline
 

CHART OF THE DAY

SILVER: SILVER has given close with green note around 69767, in daily chat found breakout above 69300 levels,
upside it has an immediate target of 70000-70200, on the downside it has an intraday immediate support level of
69000 while below 69000 it may head towards 68700-68500 levels.

OUTLOOK:

* Bullion: Day trend is indicating uptrend in Gold &Silver.
* Energy: Day trend is indicating sideways to upside in Crude oil & downtrend in Natural gas
* Base metals: Day trend is indicating Sideways to upside in all base metals.

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