Oil dips on demand worries despite surprise drop in U.S. crude stocks - Swastika Investmart
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News in headlines:
* Oil dips on demand worries despite surprise drop in U.S. crude stocks
* Four New Natural Gas Pipelines Come Online In The U.S.
* Biden’s Energy Agenda To Reduce Oil Production And Boost Prices
Chart of the day:
The day trend in COPPER is indicating sideways to downside with huge selling volume and facing the moving average as resistance so if failed to sustain yesterday’s low one can go with sell on rise strategy.
Technical View:
* Bullion: Day trend is indicating mixed move in the Gold and Silver.
* Energy: Day trend is indicating sideways to upside move in Crude oil and in Natural Gas.
* Base metals: Day trend in base metal is indicating mixed move.
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