ENERGY NEWS

energy

Crude oil priced dropped in Asia on Wednesday on bearish U.S. industry data on stocks. The American Petroleum Institute said crude oil stocks rose 2.3 million barrels in the U.S. last week, well above a drop of 1.9 million barrels seen. Figures for refined products were not immediately available. Separately, Wednesday's government report from the Energy Information Administration could show that U.S. crude stockpiles fell by 2.2 million barrels for the week ending on July 17. Overnight, crude futures rallied slightly amid a sharply lower dollar, ahead of the release of the American Petroleum Institute weekly inventory report on Tuesday afternoon after the bell.

BULLION & ENERGY

CS GOLD (AUGUST) OVERVIEW:gold
TREND :BEARISH
RESIST 2: 25160
RESIST 1: 25030
SUP 1: 24830
SUP 2: 24780
STRATEGY: SELL ON RISE
CS SILVER (JULY) OVERVIEW:
silver-1TREND :BEARISH
RESIST 2:34520
RESIST 1:34320
SUP1:33890
SUP2:33445
STRATEGY : SELL ON RISE
CS CRUDE OIL (JUNE) OVERVIEW:
crude oil
TREND :BEARISH
RESIST 2:3300
RESIST 1:3265
SUP1:3205
SUP2:3185
STRATEGY: SELL ON RISE
CS NATURAL GAS (JUNE) OVERVIEW:
Natural-GasTREND :BEARISH
RESIST 2:186
RESIST 1:184
SUP1: 180
SUP2:178
STRATEGY: SELL ON RISE
BASE METAL

CS COPPER (JUNE ) OVERVIEW:
base metals
TREND :BEARISH
RESIST 2:357
RESIST 1:354
SUP1:349
SUP2:347
STRATEGY: SELL ON RISE