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Brent Oil - Oil Prices Continue Decline on Oversupply Worries, Brent Loses $80 Handle

19-10-2018 03:59

Investing.com - Oil prices continued the downward trend for a second session on Thursday after data released a day earlier showed an unexpectedly strong build in U.S. crude stockpiles, while geopoliti...

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Brent crude falls below $80 as weaker demand view weighs on oil prices

Brent crude turns lower after forecasters say the outlook for oil demand is weakening. A gain in world stock markets lends support to oil after this week's sell-off in equities amid wider risk-off inv...

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Brent Oil Outlook: Bears are taking a breather; downside remains vulnerable while 20SMA caps recovery

Brent price moved higher on Friday after strong fall in past two days, when the contract registered losses of 5.4%, on strong fall in equity markets, as well as fading supply concerns. Stronger than e...

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Brent Price Momentum: Dwindling Oil Supply Or Just Speculative Trades?

Since August, the price of the international oil benchmark, Brent, has risen about 25%. Earlier this week, the Wall Street Journal reported that in the past month there has been a doubling in the numb...

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Oil Technical Analysis: Brent has eroded two month rising trendline

Brent oil found acceptance below the trendline sloping upwards from the Aug. 16 low and Sept. 21 low in Asia, having witnessed a bear flag breakdown yesterday and fell to $81.39 - the lowest level sin...

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