Crude oil crashes over 4% as US pipeline reopens, extended lockdown in India hurts demand

  • Date: 13-May-2021
  • Source: Money Control
  • Sector:Oil & Gas
  • Country:Gulf
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Crude oil crashes over 4% as US pipeline reopens, extended lockdown in India hurts demand

The momentum indicator Relative Strength Index (RSI) is at 48.48, indicating weak movement in prices.