Oil prices gain, recouping some of last week’s loss

By X-blogger - on October 22, 2024

Oil prices rose nearly 2%, recouping some of last week’s more than 7% decline, with no let-up of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.

The Oil-Dollar pair exploded 1.4% in the last session. The MACD is giving a negative signal.
Support: 66.981 | Resistance: 72.471

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