Oil up as Israel, Hezbollah trade accusations of ceasefire violation
By X-blogger - on November 29, 2024Oil prices ticked up after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had been violated, and as Israeli tanks fired on south Lebanon. OPEC+ also delayed by a few days a meeting likely to extend production cuts.
The last session saw the Oil gain 0.3% against the Dollar. The Stochastic indicator is giving a negative signal.
Support: 67.269 | Resistance: 70.33
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