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The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.
The Street reports that crude oil is in corrective recovery and is expected to stay there for the short-term.
The market news is quoted as saying,
We expect crude oil to continue its corrective recovery in the immediate future, but the commodity’s short-term weakness that was triggered from the 114.82 level in May remains dominant.
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| Commodities | |||
|---|---|---|---|
| Gold | 2337.82 | -38.95 | |
| Silver | 28.00 | -0.46 | |
| Copper | 4.26 | +0.01 | |
| Oil | 85.41 | -0.18 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.77 | +0.01 | |
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