OPEC+
BRN: Further upside as golden cross forms?
icon
05 APR clock 11:46

BRN: Further upside as golden cross forms?

BRN is trading above the psychologically important $90/bbl, level last seen in October 2023, forming a golden cross formation.
Crude Oil Brent OPEC+
Brent bulls raring to return above $80/bbl
icon
22 DEC clock 12:21

Brent bulls raring to return above $80/bbl

The global oil benchmark is now teasing a psychologically-important level, having climbed in the wake of the Red Sea attacks and the Fed's policy pivot. Today's US PCE Deflator data release may well determine whether Brent spends Christmas above or below $80/bbl.
Brent Oil inflation OPEC+ Federal Reserve
BRN is trying to recover, moving away from $74/bbl
icon
08 DEC clock 10:30

BRN is trying to recover, moving away from $74/bbl

BRN is trying to rebound away from $74/bbl after a ~10.15% drop in price amid market skepticism on whether the OPEC+ production cuts will be fully implemented.
Oil Crude Brent OPEC+ OPEC
BRN is trying to stabilize above $80/bbl
icon
01 DEC clock 11:37

BRN is trying to stabilize above $80/bbl

BRN bulls are trying to keep the price above the $80/bbl amid the confusion sparked by the OPEC+ meeting on Wednesday.
Crude Oil Brent OPEC+
BRN struggles below 200-day SMA amid OPEC+ uncertainty
icon
24 NOV clock 10:03

BRN struggles below 200-day SMA amid OPEC+ uncertainty

Oil prices have experienced a hit, following an OPEC+ decision to postpone the highly-anticipated meeting on production cuts.
Crude Oil Brent OPEC+