Oil Advances With Signs Emerging of Fuel Consumption Rebound - Swastika Investmart
Key headlines:
* Oil Advances With Signs Emerging of Fuel Consumption Rebound
* Gold Erases Gains On Rebounding Treasury Yield
* Crude ETFs Soar as OPEC Production Plummets
Chart of the day:
The day trend in CRUDEOIL is indicating sideways to upside move daily chart followed by the moving average so one can go long it by buying on dips.
Technical View:
* Bullion: Day trend is indicating sideways move in the Gold and Silver.
* Energy: Day trend is indicating mixed move in Crude oil and in Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move.
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