Midday update for Brent oil 12-02-2024

Economies.com
2024-02-12 10:27AM UTC

Brent oil price fluctuates within sideways track since morning, and as long as the price is above 81.00, our bullish overview will remain valid for today, supported by stochastic gain to the positive momentum clearly, waiting to resume the bullish bias that targets 83.87 areas mainly.

 

The expected trading range for today is between 80.70 support and 83.80 resistance.

 

The expected trend for today: Bullish

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