Brent Oil Trades Over $ 43

Brent Oil Trades Over $ 43 Brent oil trades over $ 43. Today, a barrel of Brent oil in global markets opened at $ 43.22. The barrel price of Brent oil, which rose to $ 43.43 on Wednesday, closed the day with $ 43.32. At 09.44 this morning, the barrel of Brent oil, which decreased by 0.23 percent compared to its closing, traded at $ 43.22. At the same time, the barrel of West Texas type (WTI) crude oil was traded at $ 40.95. In the new type of Coronavirus (Covid-19) epidemic that shook the economies of the country, the second wave concerns played a role in the slight decrease in the oil price. In addition, the resumption of oil production in Libya, whose production has been interrupted since January, and the improvement of the production activities of the USA in the Gulf of Mexico also caused the decrease in prices. In addition, the expectation of an increase in oil demand with the arrival of the winter season partially prevents the prices from falling. Analysts, stating that the official oil stock data to be announced by the US Energy Information Administration will be monitored today and that the range of 43.20 and 43.27 dollars in Brent oil the resistance zone and the range of 43.13 and 43.06 dollars can be seen as the support zone.