Oil gains as energy demand rises; WTI tops $80 - Swastika Investmart
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News in headlines:
Oil gains as energy demand rises; WTI tops $80
High Natural Gas Prices Could Lead To 2 Million Bpd Extra Oil Demand
Forget Russian intentions, fundamentals drove up Europe’s gas price
Chart of the day:
NATURAL GAS: NATURAL GAS is traded within range of 405-445 where upside it has an immediate hurdle around 435-440, on the downside if it slips below 405 levels then lead further weakness toward 395-390 levels while above 440 it will be test 450-455 levels again.
Technical View:
Bullion: Day trend is indicating downside move in Gold and Silver.
Energy: Day trend is indicating uptrend in Crude oil. And uptrend in Natural gas.
Base metals: Day trend in base metal is indicating mix-move.
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