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Can Brent oil price drop below $60?

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Brent oil price is still in uptrend channel, although it is actively trying to breakdown the bottom level. Reversal has blocked twice by strong level at $60.3. The price has fundamental factors for a drop on the background of difficulties of OPEC+ fulfillment. If it happens, we will see a decrease to $60 and lower.

Brent oil price chart
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