BRENT CRUDE OIL overview
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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Timeframe : Daily
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The Brent Crude oil posted a bullish to neutral month as it ended August near its opening level. Over the last five weeks, the price is developing within a consolidation area with upper boundary the…
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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Oil prices seems to be stable today after the big gains on Friday. The Brent crude oil had an aggressive buying interest and added 4% at its performance, closing the day above the 200-day SMA. On a…
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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Oil prices dipped over the previous week as well as early this morning. The slowdown in Chinese refining activity is creating worries over its crude demand outlook and the momentum on the Brent crude…
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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The Brent Crude oil is developing in a bearish trend taking the big picture from the daily timeframe. The oil plummeted more than 30% since January and had a strong rally over the last six months.…
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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The substantial mover of the day was the oil, which plunged almost 5%, pausing the recent bullish run, as it was hurt by the OPEC exports climbing. The Brent crude oil rebounded on the key resistance…
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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The Brent crude oil had an extremely bearish slip the previous two weeks and on Friday’s session printed a one-month low at the significant psychological level of $49.00 a barrel. The price…
BRENT CRUDE OIL
> Analysis
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Melina Deltas posted a new analysis.
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The Brent Crude oil had an extremely unexpected bearish fall yesterday while it plummeted more than 7% since Thursday’s session and posted a new nine-day low. After the upward run in the previous…
BRENT CRUDE OIL
> Analysis
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Melina Deltas posted a new analysis.
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Brent Crude oil edged higher over the last two weeks and soared more than 17% after the rebound on the $46.70 significant key level, below the medium-term ascending trend line that is standing since…
BRENT CRUDE OIL
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Barbara Nicodemou posted a new analysis.
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Brent Crude Oil challenged the $46.70 significant barrier with a spike, below the long-term rising trend line which stands since April 2016. Though, after the tricky break of the trend line near…
BRENT CRUDE OIL
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Melina Deltas posted a new analysis.
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Brent crude oil is in the process to snap the two-monthly bearish streak but it almost challenged the $46.70 strong support barrier. Saudi Arabia and Russia, the world's two top oil producers, agreed…
BRENT CRUDE OIL
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BRENT CRUDE OIL
> Analysis
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Melina Deltas posted a new analysis.
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Timeframe : Daily
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The Brent Crude Oil plummeted more than 2% on Monday and is moving slightly above the 50-daily SMA. The oil is trading within a sideways channel that is holding over the last 11 weeks. The boundaries…
BRENT CRUDE OIL
> Analysis
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Barbara Nicodemou posted a new analysis.
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The Brent Crude Oil is establishing within an ascending move since April and it surged almost 40%. The oil price tried to test the rising trendline several times while over the last two months is…
BRENT CRUDE OIL
> Analysis
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Melina Deltas posted a new analysis.
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Timeframe : Daily
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The Brent Crude Oil is establishing within an ascending move since April as it surged almost 40%. The oil price tried to test the rising trend line several times while now is trading well above it.…
BRENT CRUDE OIL
> Analysis
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Melina Deltas posted a new analysis.
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Timeframe : 4H
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The Brent Crude Oil is moving higher, more than 14% so far the last two months, as well as it is recording the second positive month in a row. The oil is moving within an ascending move over the five…
