Oil down after Israel agrees to ceasefire deal with Lebanon
By X-blogger - on November 27, 2024Oil prices slid, giving back early gains in choppy trade after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium. Both benchmarks dropped around 1%.
The last session saw the Oil fall 0.3% against the Dollar. The MACD’s is giving a positive signal.
Support: 65.342 | Resistance: 71.911
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