01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Oil prices climb after drawdown in stocks - Swastika Investmart Ltd
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News in headlines:

Oil prices climb after drawdown in stocks, positive demand outlook

Colonial Pipeline partially resumes as Nicholas brings rains, wind

Oil Inventories Fell by 5.44M Barrels Last Week: API

 

Chart of the day:

CRUDEOIL: CRUDEOIL mange to close above key hurdle of 5140 but still struggling to show momentum where 5200-5220 is an important resistance zone. On the downside 5100 is an immediate support level while below these levels 5050 is important support zone

Technical View:

Bullion: Day trend is indicating sideways move in Gold and Silver.

Energy: Day trend is indicating sideways in Crude oil. And uptrend in Natural gas.

Base metals: Day trend in base metal is indicating up-move.

 


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