Brent

Reversal alert! Brent crude oil has been cruising below a descending trend line since the middle of the month, but it looks like a breakout is brewing. The commodity price has formed higher lows over the past few days, suggesting that…

Oil Talking Points:WTI Crude Oil searches for resistance above $70 per barrel.Brent Crude finds support above $80.00Russia, Ukraine conflict reaches one year mark, adding pressure to the oil trajectory over the next year. Recommended…

BRENT CRUDE OIL (LCOc1) ANALYSIS & TALKING POINTSCrude oil prices dismissive of higher stockpiles.Higher demand projections driving crude oil but USD rebound may limit upside potential.Bear flag remains in focus but a long way to go…

Watch out, oil bulls! I’m seeing signs of an uptrend reversal on the short-term time frame of Brent crude oil. Can the commodity price fall through its neckline soon? Brent Crude Oil (UKOIL) 1-hour Chart by TradingView Is that a…

BRENT CRUDE OIL (LCOc1) ANALYSIS & TALKING POINTSOPEC and API reports to be overshadowed by U.S. inflation announcement as the USD dominates global market moves today.Higher inflation data could see a pullback in Brent crude oil…

Heads up, oil bulls! It looks like Brent crude oil is picking up on upside momentum once more. How high can it go? Brent Crude Oil (UKOIL) 4-hour Chart by TradingView Brent crude oil is still cruising inside its ascending channel…

U.K.’s crude oil prices are trading a short-term uptrend! As you can see, Brent crude oil prices have been showing us higher highs and higher lows since breaking a consolidation two weeks ago. UKOIL is now ranging between 85.75 and…

BRENT CRUDE OIL (LCOc1) TALKING POINTSCrude inventories weigh on Brent ahead of OPEC next week.Fading USD may find some relief today leaving Brent exposed.Hesitant price action on daily chart. Recommended by Warren…