Brent crude oil commenced today’s trading session with a bearish tone, testing the $79.70 level and signaling potential further declines in the short-term. Analysts anticipate a continuation of the current…
Brent Oil Price
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Brent crude oil experienced a significant downward correction last Friday, falling sharply to challenge the $81.40 support level and closing below it on the daily candlestick chart. This move signals…
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In a significant market move, Brent crude oil prices surged yesterday, surpassing the $81.38 mark to reach $82.74. This upward momentum hints at a potential reversal of the recent bearish…
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Brent crude oil prices commenced trading today with a notable downturn, signaling a renewed attempt to breach the critical $81.38 support level. This move underscores expectations for a sustained bearish…
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Brent crude oil prices extended their decline on Wednesday, briefly touching $80.70 before closing the day’s trading session above $81.38. Analysts foresee a potential resumption of bearish momentum aimed at…
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Brent crude oil prices have recently reached and surpassed the anticipated target of $82.74, subsequently settling below this level. Currently, the market is testing a resistance line established at this…
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Brent crude oil experienced pronounced downward momentum in recent trading sessions, surpassing the initial target of $84.11 and nearing the second target of $82.74. Despite these declines, the market has…
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Brent crude oil is encountering downward pressure, potentially targeting a revisit to the $84.11 level, marking the 38.2% Fibonacci correction level based on the increase from $76.95 to $88.53. Analysts…
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Brent crude oil prices experienced a significant rally yesterday, reaching $85.80, and breaking through the resistance of a corrective bearish channel as trading commenced today. This movement suggests a potential…
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Brent crude oil prices have reached the anticipated target of $84.10, but the price closed below this level yesterday. This development reinforces expectations of a continued bearish correction in the…