From a technical analysis standpoint, Brent has tapped into a key area just above the 77.00 price handle. There is an area of resistance resting above at 77.68 with the 200-day MA resting at 77.91.
The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...
Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...
If we look at Brent Crude from the technical standpoint we see that price action is slightly bullish and may be forming a ...
Oil prices edged lower on Thursday after an industry report showed a build in U.S. crude stockpiles and as tariff concerns ...
A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are ...
The Brent crude oil price dropped on hopes of eased Russian sanctions following optimism over a potential Ukraine-Russia peace deal. Last week's $73.94 per barrel low is back in focus. A fall ...
Citigroup on Wednesday said it believes the likelihood that Brent crude oil prices will fall to a $60 to $65/bbl range by the second half of this year has improved. The bank said it continues ...
The local currency opened at 86.6925 against the US dollar, as compared to 86.8325 at previous close against the greenback.
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