Crude Oil
Crude Oil Trading downward sloping channel
NYMEX crude oil retraced 61.8% of its previous fall and witnessed a correction thereafter. It is trading in a downward...
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crude oil broke lower end channel
NYMEX Crude Oil is forming a lower top lower bottom pattern and is trading below the daily moving averages. In...
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NYMEX Crude oil Buy on dips scenario
NYMEX Crude Oil retraced in last week’s trade but overall chart structure indicates buy on dips. On the daily charts,...
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Nymex Crude oil Drifting lower
Nymex Crude oil witnessed a pullback from the low of 64.22. However, the pullback fizzled out around the 40DEMA and...
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US crude reserves fell 4.1 million barrels
Energy US crude lost $1.83, or 2.7%, to settle at $65.06 a barrel on the New York Mercantile Exchange. Loosing...
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Crude oil has strong support at $64
Crude oil has strong support at $64 and resistance remains at $68 Energy American benchmark crude oil for August rose...
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