Oil settles up 1% on US crude and fuel stock draw

By X-blogger - on March 27, 2025

Oil prices rose, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global supply following the U.S. threat of tariffs on nations buying Venezuelan crude.

The Oil-Dollar pair gained 0.7% in the last session. The Ultimate Oscillator is giving a negative signal.
Support: 68.066 | Resistance: 71.396

  • Enjoy our regulated platform

    • Write a comment

    Your email address will not be published. Required fields are marked *

    No comments yet, Be the first!
    Special Offer
    First Deposit Bonus

    First Deposit Bonus | Phone Verification | First Trade on us | Account Verification

    Cash Back Bonus

    As a valued client, you can earn 'mileage points', from your trading volume.

    Become an Xtrade VIP

    Become an Xtrade VIP. For our VIP members, we go the extra mile with.