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
US Tech 100 Charts Bullish Flag Formatio...
April 30, 2025
Market Insights
Gold holds firm near two-week high amid...
May 23, 2025
Market Insights
USD/JPY shows signs of recovery, stickin...
March 12, 2025
Market Insights
Gold slipped on constructive US- China t...
May 12, 2025
Market Insights
US30 Testing Key Resistance Near 42,930...
June 09, 2025
Market Insights
Daily Structure: Bullish Flag formation;...
September 09, 2025
Market Insights
