Tuesday, 12 August 2014

Latest Oil Prices & Energy News

Crude Oil prices have crucial resistance at 6030 and sustained breakout above this level can take prices further higher towards 6070-6090 levels. On lower side prices have intraday support at 5960 and major support at 5930. Any close below 5930 can trigger fresh selling in crude oil prices.

Natural Gas prices have intraday support at 240.5-241.0 and buying can be seen there. On higher side prices have resistance at 246.5-247.0. Prices should not fall below 238.0 to remain positive for the day.

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