Crude Oil to witness upward movements.
Oil headed up in Asian trade on Thursday gaining five cents a barrel to $89.92. Light sweet crude for delivery in August, gained five cents to $89.92 a barrel. Brent North Sea crude for September delivery was up 26 cents at $105.42 in New York's main contract. “Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible nearterm.
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