Long Term Brent Outlook, $32 by 2026Weekly Brent has broken a clear barrier and formed a Bull Flag pattern, but the subsequent rally has been weak, not even reaching the breakout level.
The global economy is showing signs of weakening, leading to a reduction in oil demand. Concurrently, Trump's move to lift US production restriction
Brent crude: We maintain our USD 65 to USD 85 range for the yearBrent crude's current momentum has taken prices to a three-week high, with the latest move being supported by a combination of underinvested hedge funds, improved risk sentiment following a softening in the tone regarding tariffs after Trump indicated some nations could receive breaks from "reciproc
Brent Declines Amid Rising Inventories and Peace HopesOn 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 barr
Why I Believe Brent Crude Oil is Headed to $125 by 2026www.tradingview.com 1. Supply Constraints: Geopolitics & Trade Wars
One of the biggest drivers of higher oil prices is geopolitical instability and trade policy shifts. We're already seeing major disruptions that could tighten supply further:
Middle East Tensions – The ongoing conflicts in the Red
OIL Elliott Wave AnalysisHello friends
In the oil price chart, we saw the formation of a triangle that has ended and with the price moving upwards and breaking the downtrend line and pullback to it, it has formed a 5-wave pattern, all of its sub-waves have been identified.
The 4 sub-waves of this pattern have been clearly f
Oil Elliott Wave AnalysisHello friends
On the oil chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of oil. This 5-wave bullish wave has completed wave 5 of 5.
Between waves 2 and 4, we also witness an alternation, and wave 3 has more microwaves or, so to speak, mo
Gldobal growth in the long term Gldobal growth in the long term
Oil is a manipulated market and 70 is traceable as a fundamental level of consensus. At any rate, it's being tried to be defended and the US is probably in on it. Trump, as is obvious, was just saying what he needed to say for the voters, what he was told to say by t
Scenario Brent Crude OilI will first focus on the marked circle where the overall turning point can take place, if the price does not reach the support, it is quite possible to move from the marked triangle in the direction of the long, because based on Elliott's wave theory, there is a long formation, if the price breaks
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Brent Last Day Financial Futures is 64.72 USD / BLL — it has fallen −0.74% in the past 24 hours. Watch Brent Last Day Financial Futures price in more detail on the chart.
The volume of Brent Last Day Financial Futures is 15.92 K. Track more important stats on the Brent Last Day Financial Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Brent Last Day Financial Futures this number is 35.50 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Brent Last Day Financial Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Brent Last Day Financial Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Brent Last Day Financial Futures technicals for a more comprehensive analysis.