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Forecast update for Brent crude oil -03-10-2025
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Forecast update for Brent crude oil -03-10-2025
Oct 3, 2025 6:35 AM

Brent crude oil prices declined in its last trading on the intraday levels, due to the stability of the critical resistance level at $64.95, which put it under the negative pressure after offloading its oversold conditions on the relative strength indicators, increasing the negative pressure around it, amid the continuation of its trading below EMA50, and under the dominance of the bearish trend on the short-term basis.

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