Oil up as Israel, Hezbollah trade accusations of ceasefire violation

By X-blogger - on November 29, 2024

Oil 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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