Commodities

Midday update for Brent oil 18-01-2022

2022-01-18 12:06:10 GMT (Economies.com)

Brent oil price resumes its positive trades to attempt to move away from 87.00 barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our next targets are located at 88.00 followed by 88.80, while achieving them requires holding above 85.80.

 

The expected trading range for today is between 85.50 support and 88.50 resistance.

 

The expected trend for today: Bullish

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