Brent

01 MAR

13:54

Brent reaches week's high (~$83/bbl) amid netural US PCE reading

Brent crude briefly dipped below its 200-period Simple Moving Average (SMA) of $81.913 on Thursday, March 29th, before rebounding to $83 per barrel following the release of the US Personal Consumption Expenditures (PCE) data.

Crude Oil Brent

BRN is under pressure, moving towards 100-period SMA

23 FEB

14:46

BRN is under pressure, moving towards 100-period SMA

Oil prices have ticked lower following the release of FOMC minutes, indicating a potential delay in the rate cuts.

Oil Crude Oil Brent

BRN moves below 100-period SMA amid demand concerns

16 FEB

13:04

BRN moves below 100-period SMA amid demand concerns

Oil has moved below 100-period SMA (~81.654) following the International Energy Administration’s (IEA) decision to downgrade its oil demand outlook for this year.

Crude Oil Brent

BRN hovers above 200-period SMA ahead of US PCE

26 JAN

13:48

BRN hovers above 200-period SMA ahead of US PCE

Oil prices have experienced a strong upward momentum amid high expectations of rate cuts and other bullish catalysts.

Crude Oil Oil Brent PCE

19 JAN

13:32

BRN reaches above the 50-period SMA

Oil prices see an uptick amid the geopolitical tensions and US’ decrease in production amid the severe weather conditions.

Oil Crude Brent Middle East

01 Mar

01:54

Brent reaches week's high (~$83/bbl) amid netural US PCE reading

Brent crude briefly dipped below its 200-period Simple Moving Average (SMA) of $81.913 on Thursday, March 29th, before rebounding to $83 per barrel fo...