Crude Oil prices are extending gains as was projected in the last week and has managed to reach psychological resistance level of USD 60. Going ahead, prices are likely to continue its gaining streak towards USD 65 to 72 ahead of turning lower in coming months.
In short term prices are likely to witness a corrective pullback towards USD 58.50/59.
In short term prices are likely to witness a corrective pullback towards USD 58.50/59.
