On February 13, 2025, Brent crude fell by 0.9% to $74.50 per barrel, driven by expectations of a potential peace deal between Ukraine and Russia, which could ease supply disruptions caused by sanctions. Additionally, U.S. crude inventories increased for the third consecutive week by 4.1 million barrels, surpassing analysts' forecasts. These factors, combined with new U.S. tariffs on steel and aluminum, have reinforced the bearish sentiment in the oil market.
Trade active
Now the price is consolidating. Waiting for the liquidity grab and the bullish impulse.
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.
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.