Brent Oil Trades Above $ 51

Brent Oil Trades Above $ 51 Brent oil Trades above $ 51. Today, a barrel of Brent oil was traded at $ 51.33 in global markets. The barrel price of Brent oil, which saw $ 51.65 levels on Tuesday, closed the day at $ 51.23. The barrel of Brent oil, which increased by 0.20 percent compared to the closing at 09.29 today, traded at $ 51.33. At the same time, West Texas type (WTI) crude oil traded at $ 48.14 a barrel. Oil prices soared as US crude oil stocks fell more than expected. On the other hand, the thoughts that the approval of the coronavirus support package in the USA will increase the global oil demand have also been effective on the rise. In addition, eyes turned to the crude oil supply data to be announced by the US Energy Information Administration (EIA) today. OPEC+ will meet next week. The Joint Technical Committee of OPEC+ and the Joint Ministries Monitoring Committee will meet on January 3 and 4, respectively. The 13th OPEC and non-OPEC Ministries meeting will be held on January 4. Technically speaking, the range of 51.43 to 51.54 dollars can be followed as resistance in Brent oil, and the range of 51.32 to 51.21 dollars can be followed as the support zone.