The barrel price of Brent oil, which rose to $35.76 yesterday, finished the day at $34.65. As of 09.21 today, a barrel of Brent oil was traded at $34.80, with an increase of 0.43 percent compared to the closing. At the same time, West Texas Intermediate (WTI) crude oil was sold at $32 a barrel.
Global oil prices are rising due to the re-increase in oil demand, which decreased due to the impact of the new type of coronavirus (Covid-19) epidemic, and the effects of the oil curtailment decisions of producing countries.
Experts state that expectations that economies will gain momentum with the gradual easing of quarantine measures around the world will be reflected in an increase in oil prices.
It is stated that technically, the range between 35.54 and 37.10 dollars in Brent oil can be watched as resistance, and the range between 33.98 and 32.42 dollars can be viewed as a support zone.
Source: https://www.aa.com.tr/tr/ekonomi/brent-petrolun-varili-34-80-dolar/1847130
