The Crude Oil Prices Hit The Trend Line Several Times And Finally Broke At 47.50 - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 5 September 2017

The Crude Oil Prices Hit The Trend Line Several Times And Finally Broke At 47.50

Crude Oil on 4st September 2017, Crude Oil September futures prices up by pts closed at 3049, trading range between 3010 – 3058. Crude oil for October delivery on the New York Mercantile Exchange settled at $47.29 a barrel.

U.S. oil futures settled higher on Monday as the refinery activity slowly resumed on the Gulf Coast. Two key fuel pipelines were set to start up on Monday after certain segments in Texas were shut because of storm system Harvey, helping alleviate concerns about rising retail prices and the domestic distribution of gasoline and distillates.

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