Brent Oil Price Analysis Expected Scenario The price of Brent oil shows new negative trades, surpassing the EMA50. This supports the continuation of the expected bearish trend for today. Mainly waiting to visit levels at 89.25$ - 89.00$. When reaching these levels, it's crucial to monitor the price, as surpassing them will push the price out of the bullish channel. This could initiate a bearish correction on the intraday and short-term basis. Expected Outcome The price is expected to continue the bearish trend.

Expected Trading Range Between the support at 89.00$ and the resistance at 91.70$.

Trend Forecast: Bearish