Brent oil price fluctuates around 50.72 level keeping its stability above it, thus, no change on the expected bullish trend for today, which depends on holding above the mentioned level as a first condition to continue the rise on the intraday and short term basis, noting that our next main target is located at 52.22, which breaching it represents the key to rally towards 54.65 on the near term basis.
Expected trading range for today is between 49.50 support and 53.00 resistance.
Expected trend for today: Bullish