Natural gas under the bearish pressure Likely to fall to support level 2.200 Natural gas is under bearish pressure after the earlier breakout of the key support level 2.600 (which stopped the previous medium-term ABC correction (4) from the end of May). The breakout of the support level 2.600 coincided with the breakout of the […]
OPEC+ announced on Sunday that it will extend supply cuts to the Q3 but will gradually return barrels to the market over the following 12 months. The fact that OPEC has a clear time in mind for waning its supply cut policy is not supportive of oil bulls. The barrel of US crude fell to […]
The post Nifty Hits Record, Oil Weakens Post-OPEC Decision appeared first on Action Forex.
Share
