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CFDs on Brent Crude Oil

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Brent rises on geopolitical risks Oil prices have seen a notable rise, driven by rising tensions in the Middle East that threaten to disrupt crude flows from one of the world's most productive regions. In recent sessions, Brent crude futures have risen 1.27% to $74.84 per barrel, while West Texas Intermediate (WTI) has also seen increases, trading at $71.09. The escalation of hostilities between Israel and Iranian-backed armed groups, such as Hezbollah, has generated concern in global markets. Israel recently carried out bombings in Beirut, escalating tensions and increasing nervousness about the possible repercussions on the region's energy infrastructure. However, despite the rise in prices, the oil market remains relatively stable, with U.S. crude inventories reporting an increase of 3.9 million barrels, suggesting adequate supply to cope with any disruption. This abundant supply limits Brent's gains, as many investors believe that OPEC's ability to offset any supply losses could moderate the impact of a prolonged conflict. It is appreciable that while prices could remain elevated in the short term, Iran's oil infrastructure would not be a primary target for Israel, as an attack on these facilities could drive oil prices towards unsustainable levels for the global economy. In conclusion, as geopolitical tensions continue to affect the oil outlook, the market appears to be well supplied, limiting gains amid uncertainty. Investors are closely monitoring the situation, waiting for a development that could alter this dynamic. Ion Jauregui - Analyst ActivTrades ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
ACTIVTRADES:BRENTLong
by ActivTrades
BRENT oilChart: Brent Crude Oil on the 15-minute time frame. Key Elements: The green channel shows the price oscillating downward, with the price breaking out of this channel to the upside. Order blocks (in gray and red) are noted between the $71.5 - $72.5 range, which may act as zones of institutional buying or selling. MY green prediction line indicates a belief that the price will rise significantly after it hits the liquidity zone around $70.04. This implies that the downward liquidity sweep has potentially completed and now buyers are likely to push the price higher. Overall Analysis: Daily: The price filled a liquidity zone around $70 and may be ready to reverse or retrace upward. 15-minute: On a shorter time frame, it seems like you're predicting a breakout from the order block and a bullish move. This setup could indicate a potential opportunity for a long position if the price respects the order blocks and liquidity fill around the $70 zone
BLACKBULL:BRENTLong
by Broker_Hunter
XBR/USD Analysis: Brent Oil Price Soars After Attack on IsraelXBR/USD Analysis: Brent Oil Price Soars After Attack on Israel Following Israel's military operation in Lebanon, Iran launched a missile strike on Israel on October 1. Financial markets reacted sharply as soon as the first reports of the attack emerged: → U.S. stock indices dropped significantly, and Bitcoin also fell, with BTC/USD nearing the psychological $60,000 mark at yesterday's low. → Gold surged to $2670, though supply forces have since curbed the panic buying, and XAU/USD has dropped back below $2650. Oil prices also spiked. Unlike other financial assets, there has been no correction on the XBR/USD chart today, despite the end of the missile strike on Israel. This highlights oil's heightened sensitivity to Middle Eastern tensions. According to today’s technical analysis of XBR/USD: → Brent oil price movements have formed an upward channel (shown in blue), beginning in early September. Following the news of the missile attack, the price has climbed into the upper half of the channel. → Interestingly, just before this surge, the price had hit a multi-week low with a false bearish breakout below the psychological $70 per barrel level. Given Israel’s vow to retaliate for Iran's strike, it’s reasonable to assume that oil demand may remain high, potentially pushing XBR/USD towards the upper boundary of the channel, surpassing the current resistance at $75. Brent oil could find support at the median line of the blue channel and the $72.50 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XBRUSD
by FXOpen
1
Análise de Mercado: BRENT e GOLD - DiárioPETRÓLEO Os preços do petróleo caíram no início da sessão europeia, enquanto os mercados descartam as preocupações sobre a escalada de tensões no Médio Oriente e o seu potencial impacto nas reservas de crude, focando-se em vez disso no excesso de oferta e na fraca procura. A China, o maior importador de crude do mundo, tem mostrado uma procura retraída, já que o seu crescimento económico continua a abrandar. Entretanto, a OPEC+, liderada pela Arábia Saudita, parece pronta para aumentar a produção em dezembro. Tendo em conta estes fatores, os preços do Brent deverão permanecer em torno dos níveis atuais, cerca de 70 dólares por barril, com a possibilidade de uma nova descida. OURO Os preços do ouro subiram ligeiramente no início desta terça-feira, recuperando parte das perdas das duas sessões anteriores. A procura pelo metal precioso mantém-se forte, com os preços a oscilar abaixo dos máximos históricos da semana passada, devido ao seu estatuto como ativo de refúgio e à perspetiva de taxas de juro mais baixas nos EUA. No entanto, o pacote de estímulos recentemente anunciado pelo banco central da China limitou, em parte, a valorização do ouro. As medidas, que visam revitalizar a enfraquecida economia chinesa, aumentaram o apetite pelo risco nos mercados financeiros, impulsionando especialmente as ações chinesas e desviando algum investimento do ouro. Neste contexto, os traders estão agora atentos a uma série de dados que serão divulgados até ao final da semana, incluindo os números do emprego e os indicadores PMI nos EUA. Leituras fortes podem trazer obstáculos adicionais para o ouro, enquanto dados mais fracos podem reacender a sua trajetória ascendente. Ricardo Evangelista – Analista Sénior, ActivTrades Aproveite a chance de fortalecer seu portfólio investindo em dólar! Diversifique seus ativos com uma moeda forte e proteja seu patrimônio contra a inflação e instabilidades econômicas. Dolarize já seus investimentos e conquiste segurança e crescimento para seu capital. Fique atendo às próximas atualizações e aproveite as oportunidades que a Dolarização pode te proporcionar! #Gold #Xau #Oil #Brent #Commodities #China #MiddleEastConflict #DolarizeJá
ACTIVTRADES:BRENT
by ActivTrades
BRENT CRUDE OIL may drop in price by as much as -65%Today we would like to share my opinion on the possible price of Brent Crude Oil in the coming years, analyzing the chart on a monthly timeframe The war in Ukraine is not just a war between the two countries, it is a geopolitical problem that will affect all world economies. The world's economies have not yet recovered from the Covid-19, and here is another blow. Expensive energy will stop buying due to the excessive cost of production of "everything", the purchasing power of the population falls. Declining demand for oil will bring down the price. The fall in the price of Brent oil -25% in the coming months in the area of ​​$78-80 per barrel will be just the beginning. But looking at the schedule, is striking the price zone of $36-46 to be a strong mirror level and this is -65% of the current price Maybe this is a fair price for oil, from where a total restart of the world economy can take place by purchasing cheap energy resources. Perhaps this is symbolic, but for the first time on the historical price chart of Brent, the zone of $36-46 was established as important when there were powerful geopolitical world changes: 1979-1980 - the Islamic Revolution and 1990-1991 - the collapse of the USSR
TVC:UKOILShort
by P_S_trade
109
Brent Crude Oil Price Drops to Yearly LowBrent Crude Oil Price Drops to Yearly Low When analysing the oil market on the XBR/USD chart on 4th September, with Brent crude trading near its yearly low, we: → noted the formation of a descending channel (marked in red); → highlighted key support (marked in yellow), which has now been broken; → suggested the likelihood of an interim upward correction, potentially rising to $74.50. Since then, Brent crude oil: → climbed to $75; → tested the yellow line from below; → then reversed downwards, reaffirming the relevance of the red descending channel (as the bullish breakout attempt failed). Bearish sentiment was fuelled by reports of a potential increase in global oil supply, particularly due to higher production in Libya and Saudi Arabia. Could Brent crude prices continue to fall? From a technical analysis perspective of the XBR/USD chart today: → The price is in the upper half of the descending channel, indicating that while bears may control the market, it may not be enough to expect a sustained downward trend. → Bulls appear to be active as the price nears the psychological level of $70. This was evident with yesterday’s halt in the price decline around $70.60. → Price dynamics are revealing clearer signs of an upward channel (shown by the purple lines). Considering the above, we cannot rule out the possibility of Brent crude making another attempt to break through the upper boundary of the red channel in the near future. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XBRUSD
by FXOpen
BRENT - Potential ShortThere is a potential short coming up on BRENT based on the turning downwards of the stochastic and the crossing of the EMAs. The MACD hasn't crossed yet, but it will if it continues downwards. It is currently trading at a support level from all the way back to last year between March and June. If it breaks through this level successfully, I am pretty sure we will have a nice downward move, but it might just test it again and move slightly upward. If breached, we are aiming for a target at around the 60 level.
VELOCITY:BRENTShort
by RossLarter
LoVE Affair with Black GoldFrom the Castle to the Markets: A Nobleman's Love Affair with Black Gold Ah, black gold , the very lifeblood of nations—how you move with such power, shaping the world and our fortunes with each fluctuation. We find ourselves now 20 days deep into our grand BCOUSD trade, and due to recent geopolitical stirrings, the fruits of our patience are beginning to ripen. With barrels of this earth’s precious lubricant secured at the princely sums of $72 and $73, our hedge has proven most fortuitous. Oh, Oil, you are my sanctuary, my steadfast companion in the turbulent tides of commerce. I understand you, I hear you, I feel you. I know well that you are ascending toward $85 with purpose, driven by forces beyond mere markets. Though I had anticipated parting ways at 25 days, I now sense that our journey must extend a while longer. You have yet more to offer, and I am not ready to release you from my grasp. I shall remain in this trade, for your allure is undeniable, and I do not wish to part before reaping the full bounty you so generously bestow. Ah, how fitting it is that I, from the serene halls of my ancestral estate, should be engaged in such noble pursuits. The grand windows of my castle overlook vast lands, but it is the boundless ocean of crude oil where my fortune truly lies. In these hallowed chambers, where portraits of my forebears gaze down with approval, I contemplate each rise and fall of the market with the precision of a master chess player. Oh, Oil, you are no mere commodity to me—you are the very pulse of the earth, and I, your devoted steward. As you climb toward the glorious $85, I remain vigilant, savoring each movement as one would a fine vintage, knowing that the winds of geopolitics blow in our favor. Though I may tarry longer in this trade than first expected, it is a small price to pay for the rewards that await, as we ascend together toward new heights of wealth and glory.
OANDA:BCOUSDLong
by MarkLeRoy
Brent Oil Resistance Rejection IdeaDescription: Brent oil is approaching a key resistance level. This level previously acted as support, but after being broken, it has now turned into resistance. If the price revisits this area, there’s a high probability of rejection based on past price action. Trade Idea: Watch for the price to approach the resistance level. If there are signs of rejection (e.g., bearish candlestick patterns or declining momentum), this could be a good opportunity for a short position. Set a stop-loss slightly above the resistance level in case the price breaks through. Potential target: Previous support level.
BLACKBULL:BRENTShort
by rebenga93
Brent oil trend moving down or up?Amid supply concerns in the markets, oil prices, which had dropped to the $69.30 level, saw a notable rebound. The American Petroleum Institute reported a 1.9 million barrel increase in weekly crude oil inventories, while a slight decrease is expected in the official crude oil inventories to be announced in the U.S. today. In the U.S., strong expectations remain that the Fed will cut interest rates by 25 basis points today. Therefore, despite the positive risk appetite, Brent oil prices have continued to trade with a bearish trend below the $73.00 level. Technically, if the 72.35 support level is broken, further declines toward 71.50 and 69.30 are possible. On the upside, if the 73.0 resistance is surpassed, buying momentum could accelerate toward the 74.30 and 75.50 resistance levels.
TVC:UKOIL
by primequotes