Crude oil continues to shine

India Infoline News Service | Mumbai | May 17, 2018 18:03 IST

Crude oil prices edged higher in Thursday’s session and are currently are trading near the resistance levels of 4,890.

Crude Oil
Crude oil prices edged higher in Thursday’s session and are currently trading near the resistance levels of 4,890. On the hourly chart, RSI has moved higher above 60-levels, indicating high momentum in prices.

A close above 4,890 will be positive for prices and we can expect them to touch 4,950-levels.

 

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