NEWS: Oil down 2% as Suez Canal ship is refloated March 29, 2021 at 07:35AM

WTI crude down 2% back below $60
The recent topside push at the end of last week was limited closer to the 200-hour moving average (blue line) as sellers defended the key level but the current shove lower on the Suez Canal news is testing the 100-hour moving average (red line) @ $59.60.

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Breaking News

WTI crude down 2% back below $60 The recent topside push at the end of last week was limited closer to the 200-hour moving average (blue line) as sellers defended the key level but the current shove lower on the Suez Canal news is testing the 100-hour moving average (red line) @ $59.60.

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WTI crude down 2% back below $60
The recent topside push at the end of last week was limited closer to the 200-hour moving average (blue line) as sellers defended the key level but the current shove lower on the Suez Canal news is testing the 100-hour moving average (red line) @ $59.60.