Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the short term.Russia is the third largest producer of crude oil in the world.It is feared that sanctions against Russia will curtail global supplies and stifle growth.
MCX Crude Oil Gann Angle Chart
Crude price reacted from Gann Angle Resistance zone.
MCX Crude Oil Astro Support and Resistace Line
Price reacted from Mercury Line, Price heading towards 8281/8100/8000. where support lies.
MCX Crude Oil Crude Harmonic
Price reacted from PRZ Zone 8515-8600 heading towards 8281/8100/8000.