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Technical Analysis: Brent Crude - Forexserve

Technical Analysis: Brent Crude

Nov 8, 2023 | Blog

Crude oil inventories in the United States rose by a staggering 11.9 million barrels for the week ending November 3, according to The American Petroleum Institute (API), after a 1.347-million-barrel rise in crude inventories in the week prior, API data showed.

Brent Futures at 61.8% fib support at $81.75. Opportunity to go long with stops below $80.50