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Oil prices climb above trendline resistance, signaling a possible reversal, with the next targets at $69.87 and $70.61 if momentum holds. Crude oil showed signs of strength on Thursday as it rose ...
Crude oil and refined product contracts were lower ... With the front-month contracts set to expire on Monday, most activity in refined products was also focused on the next-month contracts.
Crude oil futures turned lower after initially ... a 24% rate on Japanese goods, and 20% on products from the European Union. A chart Trump displayed during his announcement did not detail tariffs ...
The consecutive weekly increase in crude oil inventories has the potential to impact inflation, given the influence that the level of inventories has on the price of petroleum products.
This implies weaker demand for crude oil, a bearish indicator for crude prices. The level of inventories influences the price of petroleum products, which can have an impact on inflation.
In case there is a fall below $69, it can extend the downswing to $62. The chart of April crude oil futures shows that it is now consolidating between ₹5,750 and ₹5,930. Nevertheless ...
([email protected]) WTI Crude Oil’s MACD Indicator Turns Bullish, Daily Chart Shows 0555 GMT – The moving average convergence divergence indicator of “West Texas Oil CFD”, a proxy of ...
One analyst said the rise in crude oil was lifting vegetable oil prices, and if the May canola contract gets to above C$620 per ton, it could trigger a selloff. However, that depends on whether ...
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