20 November, 2019

Brent oil price to drop lower

Vladimir Ivanov
EN

Brent oil price lost 4.5% or almost $3 following difficulties between participants of OPEC+ and escalated trade tensions between USA and China. Investors continues to be nervous and sells out everything they have. Technically the price has left the uptrend channel and can go lower to $60 if it will remain below the bottom line of the channel.

Цена на нефть Brent
Brent oil price chart

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