Daily Market Analysis 20|04|2021: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 68.05 with take profit at 68.38 Bearish Preference: Sell position is envisaged if price trades below 66.94 with take profit at 66.25. Fundamentals:No major Fundamental Comment: Spot cash premiums for June-loading barrels of Malaysian and Vietnamese crude oil have eased on the month amid demand concerns …