Oil prices fell by more than 1% on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities following Israel's apparently small strike on Iran. (Reuters).
Technically, the Crude Oil market is triggering a downside breakout back and opens up potential selloffs to 81.10. A close under the 81.10 could warns for washout declines to 79.80. SAR for today 84.30.
