Crude oil rises as crude inventories drop : 22 Sept 2016

Crude oil Chart

Crude oil futures closed higher in the domestic market on Wednesday after U.S. government data revealed a drop in crude inventories, marking the third such unexpected weekly decline in a row.

Expectations swaying back toward the likelihood of an output deal among major oil producers next week also delivered a shot in the arm for the Fed.

Today crude open with a gap up and it has to buy signal continue on our chart. You can observe for next target  on given chart.

Crude oil rises as crude inventories drop : 22 Sept 2016 Crude oil rises as crude inventories drop : 22 Sept 2016 Reviewed by Money99 on 10:09:00 Rating: 5

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