Oil rises on big decline in U.S. crude stocks - Swastika Investmart Ltd
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News in headlines:
Oil rises on big decline in U.S. crude stocks
ConocoPhillips bets $23 billion on U.S. shale oil as rivals retreat
U.S. FDA lifts Japanese food imports restrictions- Japanese ministry
Chart of the day:
CRUDEOIL: CRUDEOIL given close around 5208, where 5300 act as an immediate resistance level, on the downside 5150 is an intraday support level. While below 5150 lead further weakness towards 5000-4980 levels.
Technical View:
Bullion: Day trend is indicating sideways move in Gold and Silver.
Energy: Day trend is indicating sideways in Crude oil. And sideways in Natural gas.
Base metals: Day trend in base metal is indicating mix-move
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