financetom
Technology
financetom
/
Technology
/
Crude oil price forecast update 28-10-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Crude oil price forecast update 28-10-2024
Nov 3, 2024 12:24 PM

Crude oil price resumes its negative trading to break 68.65$ and attempts to hold below it, which supports the continuation of the expected bearish trend for today efficiently, opening the way to head towards our next at 67.00$, noting that breaking it will push the price to suffer additional losses that reach 65.50$, noting that the continuation of the bearish wave depends on the price stability below 68.65$.

The expected trading range for today is between 67.10$ support and 70.10$ resistance

Trend forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Flex and LG Partner to Develop Advanced Thermal Management Solutions for Gigawatt Data Centers
Flex and LG Partner to Develop Advanced Thermal Management Solutions for Gigawatt Data Centers
Nov 3, 2025
Complementary portfolios enable data center operators to overcome the growing power, heat, and scale challenges of the AI era News summary Partnership brings together Flex's liquid cooling, power, and IT infrastructure solutions and LG's line of high-performance air and liquid cooling infrastructure Flex and LG will co-develop prefabricated, modular data center solutions for advanced thermal management in high-density compute...
Patria-backed Omnia joins $9 billion TikTok data center project in Brazil
Patria-backed Omnia joins $9 billion TikTok data center project in Brazil
Nov 3, 2025
SAO PAULO, Nov 3 (Reuters) - Omnia, a data center company owned by Brazilian investment firm Patria, said on Monday it has joined the project to develop a 50 billion real ($9.25 billion) data center in Brazil that is expected to have TikTok as its sole client. Omnia partnered with the Brazilian renewable energy generator Casa dos Ventos to develop...
Bloomfilter Unveils Agent Miner App to Observe & Govern Agents
Bloomfilter Unveils Agent Miner App to Observe & Govern Agents
Nov 3, 2025
Company to debut new capabilities at Celosphere 2025 in Munich CHICAGO, Nov. 4, 2025 /PRNewswire/ -- Bloomfilter, the award-winning provider of software development intelligence solutions, announced the launch of the Celonis Agent Miner by Bloomfilter app, a breakthrough that enables enterprises to govern, measure, and optimize how AI agents and humans work together. The company will debut the solution publicly...
Bentley Systems and EARTHBRAIN Form Strategic Partnership to Advance Smart Construction
Bentley Systems and EARTHBRAIN Form Strategic Partnership to Advance Smart Construction
Nov 3, 2025
EXTON, Pa.--(BUSINESS WIRE)-- Bentley Systems, Incorporated ( BSY ) , the infrastructure engineering software company, and EARTHBRAIN Co., Ltd., a joint venture between Komatsu Ltd., NTT DOCOMO BUSINESS, Inc., Sony Semiconductor Solutions Corporation, and Nomura Research Institute, Ltd., today announced a strategic partnership to accelerate digital construction. This collaboration builds on the existing partnership established in 2019 between Komatsu and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved