Brent Oil Reached Over $ 45 A Barrel

Brent Oil Reached Over $ 45 A Barrel

Brent oil has risen to over $ 45 a barrel. Brent oil's barrel traded at $ 45.27 in global markets. The barrel price of brent oil, which reached the level of 45.48 dollars yesterday, closed the day at the level of 45.31 dollars. Brent oil's barrel fell 0.06 percent from close at 09.31 today and traded at $ 45.27. At the same time, West Texas type (WTI) crude oil traded at $ 42.50 a barrel. In the USA, the uncertainty regarding the new 1 trillion dollar stimulus package in the fight against the Coronavirus (Covid-19) epidemic also negatively affects prices. In addition, the increase in the number of coronavirus (Covid-19) cases all over the world negatively affects global economic growth and oil demand expectations and continues to put pressure on crude oil prices. Technically, the resistance of Brent oil is between 45.34 and 45.43 dollars; It is said that the range of $ 45.20 and $ 45.15 can be followed as a support zone.