Brent Oil Is Around $ 64 A Barrel
Brent oil is around $ 64 a barrel on March 23. Today, a barrel of Brent oil is traded at $ 64.02 in global markets.
The barrel price of
Brent oil, which reached up to $ 65.12 on the first trading day of the week, closed the day at $ 64.62. Brent oil, which decreased by 0.93 percent compared to the close at 09:39 am today, traded at $ 64.02 a barrel. At the same time, the barrel of West Texas type (WTI) crude oil was traded at $ 60.99.
The risk of mutation and third wave concerns played a role in the new type of coronavirus (Covid-19) epidemic in Europe. In Europe, where countries such as France, Italy and Poland previously tightened the measures within the framework of the fight against the epidemic, Germany, the region's largest oil consumer, reported that the current measures, which were valid until March 28, were tightened and extended until April 18.
The German Central Bank (Bundesbank) said yesterday that the country's economy could contract sharply in the first quarter as a result of the tight restrictions applied to prevent the spread of the epidemic. According to the "Worldometers" website, where coronavirus data from around the world are collected, France, Poland, Italy, Hungary and Germany are among the countries with the highest number of daily cases in Europe.
In technical terms, it was stated that the range of 64.29 to 64.83 dollars can be followed as the resistance zone and the range of 63.75 to 63.21 dollars can be followed as the support zone for
Brent oil.