Brent Oil Over $ 41 A Barrel

Brent Oil Over $ 41 A Barrel Brent oil traded at over $41 a barrel. A barrel of Brent oil traded at $ 41.99 in global markets today. The barrel price of Brent oil which dropped to $41.51 on Monday closed the day with a level of $41.72 Today around 09.40 hours it increased by 0.67 percent compared to the closing and traded at $41.99 At the same time, the barrel of West Texas type (WTI) crude oil traded at $ 39.69. After the Delta Hurricane, which lost its effect in the Gulf of Mexico, oil prices recovered as energy companies returned to production and the energy strike in Norway ended. In addition, yesterday, the World Health Organization stated that the coronavirus (Covid-19) vaccine will be available in December or early 2021 to be submitted to regulators' approval, also supported the increase in prices. In addition to these, the rush of supply surplus arising from the resumption of production in Libya is suppressing prices. In technical terms, it is said that in Brent oil, the range of $ 41.90 and $ 42.08 can be followed as the resistance zone, and the range of $ 41.73 and $ 41.54 can be followed as the support zone.