Commodities

Midday update for Brent oil 16-04-2021

2021-04-16 10:31:15 GMT (Economies.com)

Brent oil price fluctuates with slight positivity to settle above 67.00 barrier, thus, our bullish overview will remain valid as it is without any change, waiting to head towards 69.00 followed by 70.00 levels as next main target, while achieving them requires holding above 65.15.

 

The expected trading range for today is between 65.50 support and 68.50 resistance.

 

The expected trend for today: Bullish

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