BRENT OIL Long: $90 inbound as global energy crisis continues
SUMMARY: Long, prices are rising due macro deficit in supply, falling inventories, inflation, securities risks, and disruptions are adding to price rising.
On a Technical basis, we are forming a higher low on an uptrend and are above the 20/55 EMAs and MA.
On a Technical basis, we are forming a higher low on an uptrend and are above the 20/55 EMAs and MA.
Note
Brent Oil has broken the 2018 High
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.