login
Open Free Account

Resources

Update on Brent Crude Oil (ICE) – What a way to start the week!

/
brent crude chart.png

brent crude chart.png

Update on Brent Crude Oil (ICE) What a way to start the week! - 26 September 2017

And there we go! What a way to start the week! Brent crude oil has been moving higher at a rapid rate from last week as the global political tensions and the OPEC meeting next month adding to the move and we could see oil moving to $ 60/ barrel very soon and beyond.

Also moving stop level way into profit zone to $58.00 in the anticipation that it will go beyond the $60/barrel mark.

Source – Bloomberg.


Always remember to apply your risk management measures before placing your trades as this will keep you trading in the markets.

Read more notes by Barry HERE.

All charts sourced from Bloomberg

 
barry.jpg 
 
Barry Dumas | Trading Specialist at GT247.com
 

Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.


Want to trade CFD Equities, Forex, Indices & Commodities on the most affordable online South African trading platform?
 
Start Trading Now
 

 

GT247.com: +27 87 940 6101

IT support & help desk: +27 87 940 6107

Client relations (new accounts): +27 87 940 6106

Sales: +27 87 940 6108


 

SEARCH ALL RESEARCH