Commodity Prices

Gold •15 mins	1,607.40	+3.80	+0.24%
Platinum •15 mins	1,009.40	+15.50	+1.56%
WTI Crude •10 mins	52.70	+0.41	+0.78%
Gasoline •10 mins	1.748	+0.006	+0.33%
Ethanol •6 hours	1.381	+0.003	+0.22%
Silver •15 mins	18.29	+0.14	+0.77%

Silver • 15 mins	18.29	+0.14	+0.77%
Copper • 15 mins	2.621	+0.017	+0.63%
Brent Crude • 10 mins	57.91	+0.40	+0.70%
Natural Gas • 10 mins	1.955	-0.016	-0.81%
Heating Oil • 11 mins	1.676	+0.007	+0.43%

Headlines

7 hours Are Americans Finally Sold On Soccer?
15 hours Is The Tech Bubble About To Burst?
1 day Coronavirus Could Cost Tourism Industry $80 Billion
1 day What Web Traffic Trends Can Tell Us About The World
2 days Miners Face Greater Headwinds
2 days Boris Johnson Proposes Billion Dollar Bridge To Northern Ireland
4 days Goldman Slashes Oil Price Forecast By $10
5 days Tesla Raises $2 Billion In Share Selloff
5 days What The T-Mobile Takeover Of Sprint Really Means For Markets
5 days The U.S. Has Charged Huawei With Racketeering And Conspiracy
6 days How Hydrogen Could Become The Fuel Of The Future
6 days Millennials Can’t Retire, But They’ll Still Have To Help Their Parents
7 days This Gold Miner Just Increased Its Dividends By 40%
7 days Airbnb IPO Under Threat As China's Economy Drags
7 days The Infamous Equifax Hack Just Became A National Security Issue
8 days BHP Takes The Crown As World’s Top Copper Miner
8 days Tesla Reopens Chinese Factory After Coronavirus Scare
8 days Armed Troops Storm El Salvador’s Parliament
8 days Is A New Housing Bubble Forming?
9 days The Biggest Challenge Facing West Africa's Single Currency Plan

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Crude Oil - Heading To Support At 43.76

By - Jun 16, 2017, 6:23 AM CDT

Crude oil is finally continuing its decline since the recent collapse from $52. Support is given at a distance 43.76 (05/05/2017 low). Expected to show further decline.

In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness are very likely. Strong support lies at 24.82 (13/11/2002) while resistance can now be found at 55.24 (03/01/2017 high).

Daily Technical Report