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

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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

 
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Barry Dumas | Trading Specialist at GT247.com
 

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