Brent oil

This week, Brent Oil prices broke through the technical resistance level of $60/barrel within the upward trend channel. As a result, the multiyear downward trend was broken. Technically, a rally to $70/barrel is possible. ABN AMRO revises up oil price forecasts, but the $50-60/barrel trading range remains the base scenario.

2021/02/13 14:25

Brent crude oil prices rose above $70 per barrel on Tuesday as supply cuts led by producer club OPEC and U.S. sanctions on fuel exports from Iran and Venezuela outweighed concerns about an economic slowdown.

2019/05/28 19:03