CFDs on Crude Oil (Brent) UKOIL

 
     
 
     
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The Brent Сrude oil was originally produced from the Brent oilfield in the North Sea. About 2/3rds of all crude oil contracts around the globe include Brent Сrude oil, making it the most popular marker. Its relatively low density and sulphur content are the reasons why it’s described as light and sweet. One of the advantages is transportation since this type of oil is waterborne. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum and has a UKOIL ticker symbol.

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News

DSKF16 DSKF16 UKOIL, 60, Education
29 0 3
UKOIL, 60 Education
Doller Rupee: Observation

Multiple SUPPORT $78.59 - $78.49. In Last Candle Bounced from $ 78.59 In 2nd Last Candle Bounced from $ 78.49 Closed Below Drag to $77.51, $ 76.92-

sirlaxmanagarwal sirlaxmanagarwal UKOIL, 1W, Education
18 0 2
UKOIL, 1W Education
Inverted HnS on crude

Another analysis shows Inverted HnS on Weekly charts of Brent. Target is the length from Head to neckline ,which suggests target $91.50 My previous analysis suggests rounding pattern on daily charts whose target is also near this zone.. So charts say that we ll see crude at 90/91.5 in upcoming days,..

sirlaxmanagarwal sirlaxmanagarwal UKOIL, 1D, Education
8 0 2
UKOIL, 1D Education
Inverted HnS/Rounding Pattern

Whatever it is,it's bad for oil importing countries.. $80.5 is the level to watch out for..

50 0 0
UKOIL, 1D
Crude moving

Crude moving down south.

20 0 0
UKOIL, 1D
Brent: Monthly reports eyed

Oil traders eyed fresh insights from OPEC and IEA reports Supply crunch back on the table The downside prevails as long as 79.50$-80.50$ is resistance zone The monthly OPEC report will be released on Wed, 12 Sep and IEA report will be published on Thu, 13Sep respectively. We believe this week’s Brent crude oil price action is likely to remain controlled by ...

25 0 1
UKOIL, 1D
Crude will go down now.

The down trend has started and we may see a sub 70 level by end of this month

sabyasachi_nath sabyasachi_nath UKOIL, 1D, Long ,
55 0 2
UKOIL, 1D Long
Target for tomorrow

75.63

25 0 0
UKOIL, 60
Brent likely to return

Brent likely to comedown after visiting 72.70

6 0 0
UKOIL, 1D
Brent:The erosion of the 73.30$ thresholds is highly encouraging

Brent oil price fell 1.0% last week for a third week in a row, as the Turkish Lira crisis ignited the economic growth concerns. On Monday the oil price volatility stabilized, and the price inched up by 0.6%. From June high’s the price declines for six weeks out of seven. Recent weakness attributed to the ongoing trade concerns and a dip in global economic growth, ...

20 0 1
UKOIL, 1D
Crude is in down trend

May see a level of $65.xx in near term

lolwutbruh lolwutbruh UKOIL, 45, Long ,
10 0 0
UKOIL, 45 Long
BUY 74.80 SPOT Target@75.56

LONG

15 0 0
UKOIL, 60
May make an upmove now.

Crude may go to 72.75 and then start moving up.

12 0 0
UKOIL, 60
Could not cross resistance

Could not cross 2/1 ascending line, the channel thus formed shows Crude is heading for sub 70 level. Interim target 69.75 and in down trend.

NikunjPurohit NikunjPurohit UKOIL, 1D, Long ,
32 0 1
UKOIL, 1D Long
BRENT CRUDE

RSI showing divergence which is a sign of breakdown. This fall is due to increase in supply from Libya. In my opinion oil should retrace back from 71$ or from 67$ and make new high in next 3-4 months. WINTER IS COMING!

21 0 0
UKOIL, 1D
Support not likely to be broken

Support not likely to be broken at 72.67

15 1 0
UKOIL, 15
Range 76.25- 75

In bearish trend, upper limit 76.25 lower range seen at 75 in short term.

sabyasachi_nath sabyasachi_nath UKOIL, 1D, Short ,
12 0 0
UKOIL, 1D Short
Cursor had shifted due to erroneous plotting. Sorry about that.

May go down to 72 in short term if it does not recoup and goes back above 82.25

sabyasachi_nath sabyasachi_nath UKOIL, 1D, Short ,
14 0 0
UKOIL, 1D Short
Crude is in down trend

Crude is in down trend and is out of 8/1 ascending Gann angle. May find support at 72.

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