Oil prices gain 2.4% on big US storage withdrawal, weaker US dollar

By X-blogger - on July 18, 2024

Oil prices climbed about 2.4% on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of lower economic growth in China.

The Oil-Dollar pair skyrocketed 2.4% in the last session. The Ultimate Oscillator is giving a positive signal.
WTI/USD exploded 2.4% in the last session.
The Ultimate Oscillator is giving a positive signal.
Support: 79.4033 | Resistance: 82.6233

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