Skip to content 
Instrument: OILs
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 69.65 with take profit at 69.80.
Bearish Preference:
Sell position is envisaged if price trades below 69.15 with take profit at 69.01.
Fundamentals:
3:30 pm USD Crude Oil Inventories
Comment: Oil markets maintained their wait-and-see approach to the noise and tail-chasing seen elsewhere overnight. The Colonial pipeline cyberattack saga is dragging on and is now causing material shortages in the Eastern United States.
Analysis: SCRUM Team
