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Brent oil price forecast update 03-06-2024
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Brent oil price forecast update 03-06-2024
Jun 3, 2024 3:52 AM

Brent Oil Price Analysis Expected Scenario Brent oil price fluctuates with slight positivity to move around $81.50, waiting to resume the expected bearish trend for today, which targets $80.08 as a next station. The continuation of the bearish wave depends on the price stability below $82.45, noting that confirming breaching it will push the price to build a bullish wave that its next target reaches $84.77. Expected Trading Range The expected trading range for today is between $80.00 support and $82.90 resistance.

Trend Forecast: Bearish

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