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USOIL News

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Last Updated Date: 8 April 2021 @ 8:51 AM (UTC)
*Please note that all the dates are in GMT time zone

Crude Oil market still in a sideways status during the last 4 days, leaving the market on the balance level between bull / bear trend forces. A close over 62.05 implies rallies to 63.10. A close over 63.10 is bullish. Be prepared for additional near term dips and consolidation back inside Monday’s range, but trade should try to hold near 57.40. A close under 57.40 is bearish.

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