Brent crude oil prices surged to $73.40 before retreating to $72.06, as bearish momentum takes hold. Technical indicators are showing negative signals, suggesting that the price may continue to decline…
Oil Price
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Brent oil prices continue to hover around the $72.06 mark, struggling to break through this level. The overall bearish trend remains in play, with the key resistance at $72.65. As…
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Brent crude oil prices saw significant losses yesterday, hitting a low of $72.06, marking the achievement of the second target level. This decline was driven by the formation of a…
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Crude oil prices closed last Friday at $70.58, reinforcing expectations of a continued bearish trend in the short term. The market is now anticipating a further decline towards the $68.64…
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Brent oil prices reached the anticipated target of $73.90 and have stabilized at this level. Analysts suggest that a break below this threshold could trigger further losses in the short…
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Crude oil prices saw a significant upward shift in recent sessions, closing yesterday above the $72.15 mark. This positive close supports a continued bullish outlook in the near term. Although…
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Brent crude oil prices have resumed an upward trend following a period of downward pressure in recent sessions, with the price stabilizing above the $75.36 mark. This shift supports a…
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Crude oil prices continue to hover near the $72.15 mark, encountering strong resistance at this level. Market participants are awaiting a positive catalyst that could push prices above this threshold…
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Brent crude oil prices continued their upward trajectory yesterday, approaching the second target of $76.84. However, the market is now encountering downward pressure, with prices testing the critical support level…
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Brent crude oil prices have successfully breached the $75.36 mark and closed above it, strengthening expectations for a continuation of the bullish trend on an intraday basis. This upward movement…