A moderate bearish bias is applicable below 41.00. Technical score: 0 A bearish MACD crossover on the daily time frequency remains applicable. Downside price momentum halted, supporting a bullish trend direction. Limited downside target: 39.30. Only a price action above 41.00 will reverse the bearish trend direction. Upside target for a break above 41.00 will be 42.05. • Oil prices inched lower on Tuesday as a bleaker outlook for global fuel demand prompted fresh selling, but short-covering ahead of a meeting later this week of OPEC and its allies, known as OPEC+, limited losses.