Daily Market Analysis 19.10.2023: OIL
Instrument: OIL Bullish Preference: A Buy position is envisaged if the price trades above 90.88 with take profit at 91.37 Bearish Preference: A Sell position is envisaged if the price trades below 90.20 with take profit at 89.62 Fundamentals:No Major Fundamental Comment: U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter but are struggling …