Midday update for Brent oil 30-05-2022

Economies.com
2022-05-30 09:16AM UTC

Brent oil price settles above 116.00 barrier, waiting to get positive motive that assist to push the price to resume the bullish wave that targets 117.00 followed by 121.30 levels as next positive stations, reminding you that the continuation of the bullish wave requires holding above 115.10.

 

The expected trading range for today is between 115.00 support and 119.00 resistance.

 

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The expected trend for today: Bullish

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