Trading Economics Brent

Brent crude is the benchmark against which the majority of the 100m barrels of crude oil traded every day are priced.
Trading economics brent. Get free indicators historical data charts news and forecasts for 196 countries. View more than 20 million economic indicators for 196 countries. In recent years brent has offered a good indication of worldwide oil prices and is traded on the intercontinental exchange ice. Aktuelle værdier historiske data prognoser statistik diagrammer og økonomisk kalender brent crude oil futures kontrakt priser.
If so traders can set orders based on price action and expect to reach short term targets. Nilai saat ini data historis perkiraan statistik grafik dan kalender ekonomi minyak mentah brent kontrak berjangka harga. My analysis done for my main timeframe m5. I start from higher timeframes d1 h1 and move down to lowest m5.
At the start of october the price of brent crude rose above 85 a barrel its. There is still a possibility of temporary retracement to suggested resistance line 42 80. Brent crude oil is the leading benchmark for crude oil trading used to define the price for two thirds of global oil purchases. Brent crude oil is expected to trade at 42 86 usd bbl by the end of this quarter according to trading economics global macro models and analysts expectations.
Get free economic indicators charts historical data and forecasts for 196 countries. It allows clients to download millions of rows of historical data to query our real time economic calendar and to subscribe to updates. Looking forward we estimate it to trade at 37 09 in 12 months time. Brent is in a range bound and the beginning of downtrend is expected.