Crude Oil Forecast And Technical Analysis Dec 5th

Latest News and Fundamentals:

Crude prices pointed mixed in Asia on Tuesday with US industry inventory estimates ahead.

Later Tuesday, the American Petroleum Institute will release its estimates of crude and refined product stocks followed by official data from the Energy Information Administration on Wednesday.

Initial estimates show analysts expect a 3.507 million drop in crude supplies, a 548,000 barrel build in distillates and a 1.145 million barrel gain in gasoline supplies.

Crude Oil Forecast And Technicals:

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Source: http://www.fxters.com/crude-oil-forecast-technical-analysis-dec-5th/

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