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London Gas Oil holds $1,380-$1,491 range as $1,400 support tested

London gas oil futures are trading within a defined $1,380-$1,491 range, with the market testing support at $1,400. The distribution pattern suggests a period of consolidation as traders weigh supply and demand signals.

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Peter Craine · CC BY-SA 2.0 · rights

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London gas oil futures are trading within a defined $1,380-$1,491 range, with the market testing support at $1,400. The distribution pattern suggests a period of consolidation as traders weigh supply and demand signals.