Oil settles up over 1% on large draw from US crude stocks

By X-blogger - on December 30, 2024

Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from U.S. crude inventories last week.

The Oil gained 0.7% against the Dollar in the last session. The Stochastic-RSI is giving a positive signal.
Support: 68.096 | Resistance: 71.966

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