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Brent Oil Price Forecast & Predictions

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Brent OilBCO97.8800
-0.11%
Sep 4, 20:59 UTC
Closed

Technical Outlook

Overall Signal
Strong Buy
3 Sell3 Neutral16 Buy
Brent Oil: Strong Buy on the Daily timeframeSignal upgraded from Buy on Wednesdayâ—ŹUpdated Sep 5, 20:37 UTC
Key levels today · based on daily pivot points
Nearest support96.1490
Price now97.8800
Next resistance97.9730
Weekly range
90.3838 – 105.376from current volatility

Seasonality

+4.1%
Jan
+2.5%
Feb
+2.8%
Mar
+2.6%
Apr
+0.8%
May
+1.3%
Jun
-1.1%
Jul
-2.0%
Aug
-1.0%
Sep
-2.5%
Oct
-0.9%
Nov
+2.1%
Dec
September averages -1.0% over the last 20 years
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