Crude oil futures slump over 3% to Rs 4,332/barrel amid global sell-off
- Date: 23-Mar-2021
- Source: Money Control
- Sector:Oil & Gas
- Country:Middle East
Crude oil futures slump over 3% to Rs 4,332/barrel amid global sell-off
The black gold has been trading higher than 50, 100 and 200 days#39; moving averages but lower than the 20 and 5 days̢۪ moving average on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 41.62, indicating bearish momentum in prices.