Brent Bounces 2.96% to $95.51: Traders Eye $98.32 Lid and $89.15 Floor
Brent crude jumped 2.96% to $95.51 on Friday, its first real bounce since the $89.15 low on November 10. Traders now watch the $98.32 lid and $89.15 floor to decide the next leg.
Topic
Brent Crude
Topic
Brent Crude
Brent's 22% Eight-Day Crash Left a Rebound Too Weak to Reach First Target
Brent fell 22.4% to $88.226 in eight days, and the rebound stalled below the 23.6% retracement at $94.244 as oversupply fears rep…
Brent Crude Drops 12.88% in 20 Days to $89.15 Floor
Brent crude fell 12.88% in 20 days, from a $118.00 high on Oct 30 to an $89.15 low on Nov 10. It now trades 13.08% under its 21-d…
Brent Falls 11.15% in Five Sessions; Traders Eye $90.63 Floor
Brent crude fell 11.15% in five sessions to $92.05, its weakest close since August 31, after topping at $118.00 on October 30. Tr…
Brent Falls to $89.66, Lowest Since August, as Trump Calls Iran War Over
Brent crude fell nearly 3% to $89.66, the lowest since 31 August, after Trump said the Iran war was 'effectively over'. Airlines…
Brent Slides to $90.42 as Trump Signals No New Strikes on Iran
Brent closed at $90.42 and WTI at $84.68 on November 10 after Trump said strikes on Iran look unlikely. FreshForex sees $87-88 Br…
Brent Slides 4.67% to $93.73, Testing the $93.40 Floor After Five-Day Rout
Brent slid 4.67% to $93.73, down 10.54% in five sessions to its lowest close since Aug 31. The $93.40 range floor is being tested…
Gold, S&P 500 and Brent Enter a Data-Heavy Week of Tests
Fresh-Forexcast2004 sets a gold buy at 4129.250 and S&P 500 and Brent sells at 7426.0 and 97.160, with stops and targets tied to…
Brent Falls 7.74% in Five Sessions; 93.40 Is the Next Test
Brent crude futures fell 7.74% over five sessions to 96.66, though the daily candle was still open. Technical levels center on 93…
Brent Rose 34% as War Shocks Left Stock Indices Higher
Brent gained 34% during the first eight months of the Iran war, while the S&P 500 rose 7%. Sixteen oil spikes moved stocks daily…
Oil at $130 by 2027? Wall Street Prices In Peace, Not War
BNY's Alicia Levine says markets assume the Iran war ends soon, making a prolonged conflict the true 'black swan.' Goldman sees B…