What started as a promising day for the Bears ended with mixed results on Monday in the Fuels markets. Early trading focused on India with daily infection records and shortages in medical oxygen. The Bulls won the day in Crude and Distillates after OPEC+ hinted a delay in scheduled output hikes. Travel stocks gained momentum after an EU official said they may allow vaccinated Americans to travel to Europe. Covid ravaged the travel sector. Any improvement there would be bullish for Fuels markets.
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