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- Brent futures rose to the most recent high of $90.02 per barrel, which could be a gateway to the $100 level. The next technical resistance level above the recent high stands at $115.71 per barrel, the June 2014 peak. WTI and Brent futures are now in lockstep bullish price patterns with their targets at a triple-digit oil price.
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Sep 29, 2023 · Brent crude, the international benchmark, will hit $100 a barrel in 2024, Goldman strategists said in a Tuesday note. That's largely because of a supply-demand imbalance in the oil...
- 8 min
- Jennifer Sor
Nov 19, 2023 · In a dramatic turn of events, the global oil market will witness a resurgence, with Brent crude prices reaching the coveted $100 per barrel mark.
Mar 12, 2023 · Based on the above analysis, I continue to maintain that Brent crude is projected to hit $90 in the first half of 2023 and touch $100 before the end of the year.
Jun 3, 2022 · The price of Brent crude, the global benchmark, shot up past $124 a barrel earlier this week — its highest level since early March — after the European Union announced it would slash 90% of ...
Brent Crude is a particularly light crude oil which is carried from the North Sea to the Sullom Voe Terminal on Mainland, Shetland by an underwater pipeline. From there, the crude oil is ...
Sep 8, 2023 · Brent crude oil futures reflect the pricing benchmark for two-thirds of the world’s petroleum. OPEC+ controls the Brent pricing as production comes from Europe, Russia, Africa, and the Middle East....
Sep 20, 2023 · Goldman Sachs Group Inc. rejoined the $100-a-barrel oil club, raising its forecast for crude back to triple digits as worldwide demand hits unprecedented levels and OPEC+ supply curbs continue...
