Buy Crudeoil APR @ 9200 SL 9000 TGT 9500-9700. MCX - Kedia Advisory
Crudeoil
BUY CRUDEOIL APR @ 9200 SL 9000 TGT 9500-9700. MCX
Observations
Crudeoil trading range for the day is 8560-10190.
Crude oil dropped weighed by hopes of de-escalation in the Middle East.
Libya's Sharara oilfield expected to resume normal output in 48 hours
White House sees oil at $150+ risk, flags $200 upside scenario.
US crude oil inventories rose by 10.263 million barrels in the week ended March 27th 2026 the most in many weeks – API
Natural Gas
BUY NATURALGAS APR @ 262 SL 256 TGT 268-274. MCX
Observations
Naturalgas trading range for the day is 256.3-280.1.
Natural gas dropped as traders increased bets that the Iran war could ease after Trump signaled a possible US exit.
Pressure also seen tracking weakness in US prices as market enters the spring shoulder season, allows storage levels to build
Any de-escalation could allow flows to gradually resume, though recovery may be slow.
EU officials warned of prolonged disruption and are considering reintroducing crisis measures used during the 2022 energy shock.
