Brent Oil Continues To Rise
Brent oil continues to rise. Today, in global markets, brent oil traded at $ 43.63 a barrel.
The barrel of
Brent oil, which rose to the level of $ 43.66 yesterday, closed the day at $ 43.30. Today, around 9:25 am, a barrel of Brent oil increased 0.76 percent and traded at $ 43.63. At the same time, West Texas type (WTI) crude oil traded at $ 41.23 a barrel.
The increase in oil prices was driven by a declaration of determination by oil producing countries to comply with union and oil restrictions at the OPEC+ group meeting held on Thursday.
From a technical point of view, it was stated that in Brent oil, resistance of 43.69 to 43.76 dollars and the range of $ 43.51 and $ 43.40 can be followed as the support zone.