Midday update for Brent oil 23-07-2021

Economies.com
2021-07-23 09:25AM UTC

Brent oil price shows sideways and tight trades since morning, keeping its stability above 72.75, thus, no change to the bullish trend scenario that depends on the price stability above the mentioned level, noting that we are waiting to visit 74.70 followed by 76.00 levels mainly.

 

The expected trading range for today is between 72.00 support and 75.00 resistance.

 

The expected trend for today: Bullish

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