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Brent Steady Around 120$/bbl

OIL

Brent crude bouncing between about 119.1$/bbl and 121.5$/bbl with no news to either push levels to fresh highs or cause any reversal of the bull trend.

  • The first resistance level on the upside is at 121.95$/bbl with support back at 112.61$/bbl.
  • Brent AUG 22 down -0.2% at 119.54$/bbl
  • WTI JUL 22 down -0.3% at 118.51$/bbl
  • Gasoil JUN 22 up 0.8% at 1328.5$/mt
  • WTI-Brent up 0.05$/bbl at -3.59$/bbl
  • Crude spreads are also relatively stable today although have drifted down slightly over the last few hours.
  • Brent AUG 22-SEP 22 down -0.1$/bbl at 2.59$/bbl
  • Brent DEC 22-DEC 23 up 0.06$/bbl at 16.04$/bbl
Energy BulletsCommodities
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