Crude Oil H4 Chart

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Pullbacks are selling opportunities

Blomberg Breaking News:

A U.K. maritime body said it’s investigating an incident in the Sea of Oman after an oil tanker sent a distress signal to a port in the United Arab Emirates.

Tanker Front Altair was on fire, an official at the U.A.E. port of Fujairah and a person with knowledge of the matter said. The vessel had loaded oil from the Abu Dhabi in the U.A.E. before setting off to sea, according to data compiled by Bloomberg.

Prices rose.

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