US CRUDE OIL TECHNICAL ANALYSIS SHORT TERM VIEW
US CRUDE OIL running in positive trend and its immediate strong support are 78 to 79.22 level . Stop loss is 77.50 level and it can rise towards 88 level positionally .Buying is better when price falls towards strong support .
QUICK FUNDAMENTAL LOOK
Oil prices were largely steady on Wednesday, near their highest levels in seven weeks as the market weighed concerns over escalating conflicts against demand worries following an unexpected build in U.S. crude inventories.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.