Brent Oil Price Analysis Expected Scenario Brent oil price resumes its negative trading to approach 77.18$ level, waiting to break this level to confirm the continuation of the bearish trend domination and open the way to head towards 76.00$ that represents our next target. Therefore, the bearish trend will remain valid and active for the upcoming period conditioned by the price stability below 78.05$. Expected Trading Range Between 76.00$ support and 79.00$ resistance.

Trend Forecast: Bearish