10-04-2022 11:04 AM | Source: Swastika Investmart Ltd
Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts - Swastika Investmart
News By Tags | #473 #2911

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Daily Commodity Market Updates

News in headlines:

* Oil Prices Rise to Near $90 as OPEC Cut Looms

* Oil prices inch higher ahead of OPEC+ meeting to discuss supply cuts

* China likely to boost oil products exports into early 2023, support economy

Chart of the day:

COPPER: COPPER continuing its bullish momentum where 655-656 is intraday immediate target level. On the downside 640 is immediate support level, while below 640 lead further weakness towards 637- 632 levels

Technical View:

* Bullion: Day trend is indicating to uptrend in Gold & Silver.

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

* Base metals: Day trend is indicating sideways to upside in all base metals.

 

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