Tuesday, 28 September , 2021
Brent oil Archives - Iran News Daily
Brent Oil: A rally to $70 is technically possible 13 Feb 2021

Brent Oil: A rally to $70 is technically possible

This week, Brent Oil prices broke through the technical resistance level of $60/barrel within the upward trend channel. As a result, the multiyear downward trend was broken

Oil drops on surprise U.S. stock build 23 Dec 2020

Oil drops on surprise U.S. stock build

Brent crude futures fell 71 cents, or 1.4%, to $49.37 a barrel at 0646 GMT. U.S. West Texas Intermediate (WTI) crude futures slid 67 cents, or 1.4%, to $46.35 a barrel. Both contracts fell nearly 2% on Tuesday, already a second straight session of declines.

Oil Under Pressure As Supply Climbs 27 Oct 2020

Oil Under Pressure As Supply Climbs

Oil markets retained strength over the past week following the OPEC+ JMMC meeting which had sent positive signals to the oil markets.

Brent Climbs amid New Tensions 23 Apr 2020

Brent Climbs amid New Tensions

The price of a barrel of Brent crude oil climbed by more than nine percent to $22.25 (ICE) on Thursday after the US renewed its hostility towards Iran.