Daily Market Analysis 13/10/2021: OILOctober 13, 2021 2021-10-13 12:00
Daily Market Analysis 13/10/2021: OIL
Buy position is envisaged if price trades above 83.09 with take profit at 83.36
Sell position is envisaged if price trades below 82.52 with take profit at 82.28
None with high impact on the commodity.
Comment: Oil prices lost some froth on the inflation concerns although surging prices for power generation fuel such as coal and natural gas limited losses.
Analysis: SCRUM Team