Crude Oil 4 Hour Price Update
Updated June 10, 2021 01:53 AM GMT (09:53 PM EST)
The choppiness in the recent four-hour candle price action of Crude Oil continues; to start the current 4 hour candle, it came in at a price of 46.6 US dollars, down 0.32% ($0.15) since the last 4 hour candle. Those trading within the energy commodity asset class should know that Crude Oil was the worst performer in the class the current 4 hour candle.
Crude Oil Daily Price Recap
The back and forth price flow continues for Crude Oil, which started today off at 69.96 US dollars, down 0.13% ($0.09) from the day prior. Out of the 6 instruments in the energy commodity asset class, Crude Oil ended up ranking 3rd for the day in terms of price change relative to the day prior. Here is a daily price chart of Crude Oil.
Crude Oil Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Crude Oil’s price has gone up 6 of the previous 10 trading days. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Crude Oil for the past day were:
- From AMAriffMP:
Hitting 100 by someone from India is a matter of pride but not by Petrol prices clean bowling the common people. Will the Union Government stop the loot by rolling back the hike of Rs. 10 amidst #COVID19 pandemic last year to deny the benefit of slump in crude oil price to public
- From AfamDeluxo:
It’s funny to see people who accuse others of being bigots are actually the real bigots. Nobody has a monopoly on stupidity, if you go low, I, Afamefuna will go lower and find crude oil before you. Madness is the only language some of you understand, and I have it in quantum.
- From Nigel__DSouza:
🚨 Welspun Corp in focus 🚨✳️ Received 724 cr from sale of plates and coils mill division. Cash in books will go up to more than 30% of MCap✳️ Order Wins- Received multiple orders of approx. 164 KMT valuing close to Rs.1,725 cr✳️ Crude oil prices at 3 year high