11-03-2021 10:39 AM | Source: Swastika Investmart Ltd
Oil prices fall as industry data shows big build in U.S. inventory - Swastika Investmart
News By Tags | #473 #2911

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News in headlines:

* Oil prices fall as industry data shows big build in U.S. inventory

* U.S. House panel subpoenas Big Oil in climate deception probe

* U.S. regulator expects to find abuses in shipping amid supply chain woes.

 

Chart of the day:

 

COPPER: COPPER is consolidating in the range of 737-750 where move above 750 can lead to some more upside towards 756-765 while if it slips below 737 level then it may head towards 730-725 zone.

 

Technical View:

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

* Energy: Day trend is indicating sideways to upside in Crude oil & Natural gas.

* Base metals: Day trend in base metal is indicating downtrend.

 

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