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Shalvisharma5

Crudeoil | MCX | 27 Feb

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
Shalvisharma5  
MCX:CRUDEOIL1!   Crude Oil Futures
Trend Analysis Harmonic Patterns Chart Patterns
7
2
trendanalysis harmonicpatterns chartpattern
Timeframe: 1 hour
Strategy: Bearish

  • Macquarie analysts forecast a 5.6 million barrel rise in US crude inventories.
  • Refinery runs and domestic supply are expected to increase.
  • Gasoline and distillate draws are predicted, while jet stocks remain stable.
  • Implied demand is estimated at around 13.9 million barrels per day.
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