Brent Oil Over $ 50 A Barrel

Brent Oil Over $ 50 A Barrel Brent oil over $ 50 a barrel. Today, a barrel of Brent oil traded at $ 50.82 in global markets. The barrel of Brent oil, which saw the level of $ 52.48 on the last trading day of the last week, closed the day at $ 52.26. On the first trading day of the week, the barrel of Brent oil decreased by 2.7 percent at 09.21 compared to the closing. With this decrease, the barrel of Brent oil traded at $ 50.82. At the same time, West Texas type (WTI) crude oil traded at $ 47.94 a barrel. The announcement that a new mutated type of coronavirus was encountered in England played an important role in the decline in oil prices. About the new case in the southeast of the country, British Prime Minister Boris Johnson gave information that it is 70 percent more effective than the current string of the coronavirus. Following this news, flights to England were banned in countries such as the Netherlands and Denmark, with this case is ongoing. Turkey is among the countries banning flights to the UK. While many countries imposed a flight ban on England and closed their borders, Britain was cut off from the outside world. In technical terms, it was stated that the range of $ 51.03 and $ 51.18 could be followed as the resistance zone and the range of $ 50.68 and $ 50.48 could be followed as the support zone in Brent oil.