"Brent Crude" tag
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Emotional Oil: Prices driven by sentiments and speculation

Brent crude oil prices have risen almost 20% starting September and there seems to be no fundamental reason for this rise. Much of the rise has been fueled by speculations over geo-political developments in the...

Crude Technical Trend Analysis : Range bound trade expected – 11March13

Range bound trade is expected, Bullish traders needs to be cautious. From the daily Brent crude oil price chart, it can be observed that Brent crude oil price after a breakout from the horizontal uptrend...

The Brent crude oil price have held 112

The Brent crude oil price have held 112USD  a barrel on support from upbeat manufacturing data from china & Germany. Though Brent has been trading sideways from USD 115-107. A stronger dollar has been though...