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Oil to trade in $48 to $50 range

Source: Gulfnews.com

Beijing : China | 7 months ago

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Oil is still above the 11-week moving average and it's consolidating," Raed Diab, a technical analyst at Global Investment House, said in a telephone interview April 16. "Fundamentals are playing a role and that's why it's trading in a tight range." Crude stayed above the 11-week moving average of...

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Oil prices on the rise again amid signs recovery may have started

News Source: Independent | 7 months ago

Oil is still above the 11-week moving average and it's consolidating," Raed Diab, a technical analyst at Global Investment House, said. Crude stayed above the 11-week moving average of $48.75 last week, indicating investors may continue buying the...
Oil to trade in $48 to $50 range

News Source: Gulfnews.com | 7 months ago

Oil is still above the 11-week moving average and it's consolidating," Raed Diab, a technical analyst at Global Investment House, said in a telephone interview April 16. "Fundamentals are playing a role and that's why it's trading in a tight range."...