The barrel price of Brent oil, which rose to $22.70 yesterday, finished the day at $21.33. As of 09:00 today, a barrel of Brent oil was traded at $22.03, with an increase of 3.28 percent compared to the closing. At the same time, West Texas Intermediate (WTI) crude oil was sold at $17.18 per barrel.
It is noted that there has been a revival in global oil demand due to the increase in oil purchasing in Asia, and this has an upward impact on the price of Brent oil.
Experts state that if the 22 dollar level is not exceeded, the downward trend in prices may continue.
It is stated that technically, the range between 23.40 and 24.20 dollars in Brent oil can be watched as resistance, and the range between 21.42 and 20.12 dollars can be viewed as a support zone.
Source: https://www.aa.com.tr/tr/ekonomi/brent-petrolun-varili-22-03-dolar/1816728