Brent Oil's Barrel Traded at $ 43.76

Brent Oil's Barrel Traded at $ 43.76

In global markets, the barrel of brent oil is trading at $ 43.76. The barrel price of brent oil, which reached $ 44.46 yesterday, closed the day at $ 44.15. Brent oil's barrel decreased 0.88 percent compared to the closing at 09.00 today and was traded at $ 43.76. In the same minutes, the Western Texas type (WTI) crude oil was trading at $ 40.67 a barrel. The increase in coronavirus (Covid-19) cases in all countries adversely affects global economic growth and oil demand expectations. Accordingly, pressure on crude oil prices continues to occur. Brent oil technically is the resistance zone of the $ 43.83 to $ 43.94 range; It is stated by analysts that the range of $ 43.72 to $ 43.61 can be tracked as a support zone.