Brent
BRN to recover above 21-period SMA (~$82.793/bbl)?
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31 MAY clock 13:51

BRN to recover above 21-period SMA (~$82.793/bbl)?

BRN bulls are attempting to recover from yesterday's (May 30th) sharp slide following comments from US Fed officials. An unexpected rise in the EIA gasoline stock change (+2.022M vs. 0.40M expected) also weighed on oil prices, suggesting weaker demand ahead of the key summer driving season in the US.
Crude Brent
Brent to break below $80/bbl?
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24 MAY clock 14:36

Brent to break below $80/bbl?

Brent may be set to book its 5 consecutive days of declines today, remaining under significant pressure following the higher than expected (1.83M - actual vs -2.55M - expected) EIA crude stock change reading.
Crude Oil Brent OPEC+
Oil bulls are fighting to stay above 100-period SMA at $83/bbl.
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17 MAY clock 13:08

Oil bulls are fighting to stay above 100-period SMA at $83/bbl.

Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expected draw from US crude inventories.
Crude Oil Brent OPEC+ CPI
Oil heads toward $85/bbl on Increasing Odds of US Rate Cuts
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10 MAY clock 13:14

Oil heads toward $85/bbl on Increasing Odds of US Rate Cuts

Oil bulls are pushing the BRN upwards towards $85/bbl after the higher-than-expected U.S. initial jobless claims report, which could contribute to the highly anticipated interest rate cuts by the Fed.
Crude Brent Geopolitics
Brent to drop the most on the weekly basis since February?
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03 MAY clock 13:57

Brent to drop the most on the weekly basis since February?

Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves. Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.
Crude Oil Brent Geopolitical tensions