Crude Oil Faces Key Support at $60 Amid Downtrend Resistance Holds Strong Near $80 as Bears Dominate the Market
CRUDE OIL was closed on Friday at Weekly higher levels after testing the low level of $ 65.32 in the last trading session as WTI crude futures traded added 0.3% to settle at $68.3 per barrel on Friday, marking their second consecutive weekly gains with a 1.64% increase, driven by new U.S. sanctions on Iran and a fresh OPEC+ plan to cut output among seven members.
Recent News
Gold Consistent Climb: 400 Points Per Ye...
February 22, 2025
Market Insights
AUD/USD reacts to U.S. election uncertai...
November 05, 2024
Market Insights
Gold may head South as Head & Shoulder a...
October 25, 2024
Market Insights
How high can Bitcoin go? Prediction mark...
November 12, 2024
Market Insights
DOW JONES bounces back from daily suppor...
February 27, 2025
Market Insights
Gold consolidates to build up momentum a...
April 30, 2025
Market Insights
