Midday update for Brent oil 05-07-2022

Economies.com
2022-07-05 09:49AM UTC

Brent oil price shows clear negative trades to move below 112.00 barrier, which supports the continuation of the expected bearish trend for today, which targets 110.10 level as a next main station, reminding you that the continuation of the bearish wave depends on the price stability below 115.10.

 

The expected trading range for today is between 109.50 support and 115.10 resistance.

 

The expected trend for today: Bearish

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