Oil Prices Mixed as Markets Weigh Supply Cuts, Weakening Demand - Swastika Investmart
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Daily Commodity Market Updates
News in headlines:
* Haiti wants U.S., Canada to lead anti-gang strike force, diplomat says
* Oil Prices Mixed as Markets Weigh Supply Cuts, Weakening Demand
* Oil prices slide as dollar strengthens, China COVID-19 woes dampen demand
Chart of the day:
NATURAL GAS: NATURAL GAS continuing its bearish momentum where 530-520 is intraday immediate target levels. On the upside 555 is immediate resistance level, while above 555 lead further upside towards 560-570 levels.
Technical View:
* Bullion: Day trend is indicating to downside in Gold & Silver.
* Energy: Day trend is indicating downside in Crude oil & Natural gas.
* Base metals: Day trend is indicating sideways to downside in all base metals.
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