Brent Oil Price Analysis Expected Scenario Brent oil price crawls downwards to test the 83.00$ barrier, waiting for more decline to test 82.45$ that represents our first target, reminding you that surpassing this level will extend the bearish wave to reach 80.08$. Noting that breaching 84.77$ will stop the bearish trend and lead the price to turn to rise and build a bullish wave that targets 85.80$ followed by 87.67$ levels initially. Expected Trading Range Between 81.70$ support and 84.70$ resistance.

Trend Forecast: Bearish