Crude oil climbs on tariff cuts, economic outlook

Crude oil futures climbed, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report. The two benchmarks rose strongly in the previous session after the U.S. and China agreed on sharp reductions to their import tariffs for at least 90 days.

The last session saw the Oil rise 0.9% against the Dollar. The CCI is giving a positive signal.
Support: 57.846 | Resistance: 65.466