Daily Market Analysis 16.06.2022: OIL
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 118.02 with take profit at 118.67 Bearish Preference: Sell position is envisaged if price trades below 115.04 with take profit at 114.08 Fundamentals:No major fundamentals Comment: Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil supplies and …