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Brent Forecast for June 20, 2024
Brent oil quotes continue to move as part of the development of growth and have consolidated above the upper boundary of the bearish channel. At the time of publication of the forecast, the price of Brent oil is $85,800 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of Black Gold and a potential continuation of the fall in the value of the asset from current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 82.55 dollars per ... (full story)