Crude Oil

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

12 JAN

14:26

BRN surges above $80 amid the escalation in Yemen

Oil bulls try to keep up the momentum as geopolitical tensions shift the market conditions in their favor

Crude Oil Crude Brent

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...