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.
BRN: Further upside as golden cross forms?
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05 APR clock 11:46

BRN: Further upside as golden cross forms?

BRN is trading above the psychologically important $90/bbl, level last seen in October 2023, forming a golden cross formation.
Brent bulls raring to return above $80/bbl
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22 DEC clock 12:21

Brent bulls raring to return above $80/bbl

The global oil benchmark is now teasing a psychologically-important level, having climbed in the wake of the Red Sea attacks and the Fed's policy pivot. Today's US PCE Deflator data release may well determine whether Brent spends Christmas above or below $80/bbl.
BRN is trying to recover, moving away from $74/bbl
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08 DEC clock 10:30

BRN is trying to recover, moving away from $74/bbl

BRN is trying to rebound away from $74/bbl after a ~10.15% drop in price amid market skepticism on whether the OPEC+ production cuts will be fully implemented.
BRN is trying to stabilize above $80/bbl
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01 DEC clock 11:37

BRN is trying to stabilize above $80/bbl

BRN bulls are trying to keep the price above the $80/bbl amid the confusion sparked by the OPEC+ meeting on Wednesday.