Brent Oil Started the Day at Above $ 54 A Barrel

Brent oil started the day at above $ 54 a barrel. A barrel of Brent oil traded at $ 54.97 in global markets today. The barrel price of Brent oil, which reached the level of $ 55.21 on the first trading day of the week, closed the day at $ 54.75. The barrel of Brent oil, which increased by 0.40 percent at 9:28 am today compared to the closing, traded at $ 54.97. At the same time, West Texas type (WTI) crude oil traded at $ 52.28 a barrel. The support packages, which are expected to be given especially by developed countries against the negative effects of the coronavirus, created an optimistic atmosphere and had an impact on the rise in prices. The focus of the markets is on the fact that Biden will take over the office tomorrow, as well as the presentation of Janet Yellen, who is expected to become the US Treasury Secretary, at the Senate today. In technical terms, it is stated that the range of $ 55.07 and $ 55.31 can be followed as the resistance zone in brent oil, and the range of $ 54.83 and $ 54.59 can be followed as the support zone.