Archive for Tag: Brent Crude Oil

U.S. West Texas Intermediate crude futures

Oil rebounds on tight supply, prospects of new Russia sanctions

Brent Crudewas trading 1.97%up at $109.91 Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as signs of progress emerged from peace talks between Moscow and Kyiv. Brent crude futures were...

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BRENT CRUDE OIL

Oil prices rise on tight supplies, stable demand

Brent Crude was trading 1.00% up at $110.91 Oil prices rose on Tuesday, recovering some of the previous session’s losses as Kazakhstan’s supplies continued to be disrupted and major producers showed no sign of being in a hurry to boost output significantly.Brent Crude rose $1.41, or 1.3%, to $113.89...

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Brent Crude Oil Technical Analysis

Brent Crude Oil Technical Analysis & Trading Suggestions

BRENT CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts, Brent Oil is trading in an upward channel. Brent Oil is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Oil will follow an uptrend...

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Brent Crude Oil

Brent Crude Oil Technical Analysis & Trading Suggestion

BRENT CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts, Brent Oil is trading in an upward channel. Brent Oil  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Oil  will follow an uptrend...

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Brent Crude Oil

Brent Crude Oil Technical Analysis & Trade Signals

BRENT CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts, Brent Oil is trading in an upward channel. Brent Oil is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Oil will follow an uptrend in the coming...

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Brent Crude Oil

Brent Crude Oil Technical Analysis & Trade Signals

BRENT CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts, Brent Oil is trading in an upward channel. Brent Oil  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Oil  will follow an uptrend in...

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Brent Crude

Brent Crude Technical Analysis & Trade Signals

BRENT CRUDE  Price Technical Analysis: Weekly Chart In the weekly charts, Brent Crude is trading in an upward channel. Brent Crude is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude will follow an uptrend in...

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Brent crude futures

Oil falls on talks to end Ukraine war and ahead of Fed meeting

Brent Crude  was trading  down 4.26%  at  $107.89 Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic efforts to end the war in Ukraine geared up and markets braced for higher U.S. interest rates. Brent crude futures were last down by $3.81...

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Brent Crude

Oil Down, Set for Weekly Loss as Supply Concerns Continue

Brent Crude was trading  up  0.38%  at  $109.75 Oil was down on Friday morning in Asia, set for their biggest weekly drops since November 2021 but clawing back some losses. Market volatility also continued over concerns about more sanctions on Russian oil versus efforts to increase supply via other major...

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Brent Crude

Brent Crude Oil Technical Analysis & Trading Signals

BRENT CRUDE  Price Technical Analysis: Weekly Chart In the weekly charts , Brent Crude is trading in an upward channel. Brent Crude is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude will follow an uptrend...

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