Brent Oil (LCO) Price Live
- Brent Oil60.305-1.1050(-1.8000%)15:04:18(GMT)|Real-Time Data
- OpenN/A
- Day's Range59.900 - 61.550
- Classcommodities
- Bid/Ask60.280/60.330
- SymbolLCO
- Subclass / SectorEnergy
Brent OilForecasts
all forecasts- James Hyerczyk
Oil Price Fundamental Weekly Forecast – Needs Major Shake-up in U.S. Supply to Force Short Hedge Funds to Cover
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures settled lower last week with most of the selling pressure emerging on Friday. For the most part, it was a pretty uneventful week with prices consolidating as investors continued to digest the previous week’s decision by an OPEC-led group of
- Christopher Lewis
Crude Oil Weekly Price Forecast – oil continues to struggle
WTI Crude OilThe WTI Crude Oil market went back and forth during the week, settling on a negative candle stick. We are currently hanging about the $50 handle, an area that should continue to be supported. If we were to break down below the $50 level, then I think this
- Christopher Lewis
Crude Oil Price Forecast – crude oil continues to struggle
WTI Crude OilThe WTI Crude Oil market rallied at the very beginning of the session, only to break down and form a very negative candle stick. We are currently in a major wedge pattern, so I think at this point we will continue to see a lot of noise but
- James Hyerczyk
Oil Price Fundamental Daily Forecast – Supported by OPEC-led Production Cuts, Capped by Concerns Over Weaker Demand
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower early Friday, erasing some of yesterday’s more than 2-percent gains. The catalyst behind today’s selling pressure is weaker than expected economic reports from China. These reports are raising concerns over future demand from the world’s second-largest economy.At
- Christopher Lewis
Crude Oil Price Forecast – crude oil markets fall again
WTI Crude OilThe WTI Crude Oil market fell a bit during the trading session on Thursday, as we continue to see $50 offer support. If we break down below the $50 level, it’s very likely that we go down to the $45 level at the very least. Ultimately, I think
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| Time | Currency | Events | Importance | Actual | Forecast | Previous | |
|---|---|---|---|---|---|---|---|
| 00:30 | AUD | 00:30 Mid-Year Economic and Fiscal Outlook | MediumM | Actual | Forecast | Previous | |
| 09:00 | EUR | 09:00 Balance of Trade | MediumM | Actual | Forecast €1.89B | Previous €1.274B | |
| 10:00 | EUR | 10:00 Inflation Rate YoY Final | MediumM | Actual | Forecast 2% | Previous 2.2% | |
| 10:00 | EUR | 10:00 Core Inflation Rate YoY Final | MediumM | Actual | Forecast 1% | Previous 1.1% | |
| 10:00 | EUR | 10:00 Inflation Rate MoM | MediumM | Actual | Forecast -0.2% | Previous 0.2% | |
| 10:00 | EUR | 10:00 Balance of Trade | MediumM | Actual | Forecast | Previous €13.1B | |
| 11:00 | EUR | 11:00 Bundesbank Monthly Report | MediumM | Actual | Forecast | Previous |
Brent OilTechnical Analysis
Summary
- Moving AveragesSELL(18)
- IndicatorsNEUTRAL(6)
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 61.949 | 61.954 | 61.899 |
| MA (10) | 62.112 | 62.086 | 62.020 |
| MA (20) | 62.380 | 62.137 | 62.250 |
| MA (50) | 61.956 | 61.865 | 62.078 |
| MA (100) | 61.402 | 61.510 | 61.607 |
| MA (200) | 60.997 | 60.997 | 61.234 |
Trend Indicators
| MACD (12,26,9) | 0.0161 |
| ADX (14) | 20.2165 |
| RSI (14) | 44.6883 |
| Williams %R (14) | -70.3629 |
| Stochastic RSI (14) | 16.8467 |
| ROC (10) | -0.6827 |
| CCI (14) | -142.803 |
| Ultimate oscillator (7,14,28) | 60.7916 |
| Stochastic Fast (14) | 29.6371 |
| ATR (14) | 0.4998 |
| BBands (20) | 1.6205 |
Pivot Points
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | 60.393 | 60.741 | 61.283 | 61.631 | 62.173 | 62.521 | 63.063 |
| fibonacci | 60.741 | 61.081 | 61.291 | 61.631 | 61.971 | 62.181 | 62.521 |
| camarilla | 60.712 | 60.786 | 60.860 | 61.631 | 62.789 | 62.863 | 62.863 |
| woodie | N/A | 45.333 | 30.467 | 46.223 | 31.357 | 47.113 | N/A |
| demark | N/A | N/A | 61.457 | 61.718 | 62.347 | N/A | N/A |
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |
