Brent Oil (LCO) Price Live
- Brent Oil73.855+1.4450(+2.0000%)10:13:33(GMT)|Real-Time Data, quoted in USD
- OpenN/A
- Day's Range72.390 - 74.270
- ClassCommodities
- Bid/Ask73.840/73.870
- SymbolLCO
- Subclass / SectorEnergy
Brent OilForecasts
all forecasts- Hussein Sayed
Are We Hitting an Earnings Recession?
The earnings calendar for the week includes Microsoft, Intel, Facebook, Twitter, Caterpillar, Exxon, Halliburton, Chevron and Boeing, among many others.
- James Hyerczyk
Oil Price Fundamental Weekly Forecast – Concerns Being Raised Over Continuation of OPEC-led Supply Cuts
U.S. energy firms last week reduced the number of oil rigs operating for the first time in three weeks as production growth forecasts from shale, the country’s largest oil fields, continue to shrink.
- Christopher Lewis
Crude Oil Weekly Price Forecast – Crude oil running into resistance
Crude oil markets continue to go back and forth as this week was no different than the previous week. The resistance just above is causing some issues for the WTI market, while the Brent market seems to be spinning its wheels and waiting for its cousin to come along.
- Christopher Lewis
Crude Oil Price Forecast – Crude oil markets continue to grind sideways
Crude oil markets were of course closed on Friday for the Good Friday holiday, but at this point it’s obvious that we are killing time, perhaps trying to break above major resistance.
- James Hyerczyk
Oil Price Fundamental Daily Forecast – Drillers Cut Eight Oil Rigs This Week to 825
Traders are facing two major issues at this time: Further pressure on Iran and whether OPEC and its allies, including Russia will continue the deal to reduce production.
Don't miss a thing!
| Time | Currency | Events | Importance | Actual | Forecast | Previous | |
|---|---|---|---|---|---|---|---|
| 12:30 | 02:16:24 | USD | 12:30 Chicago Fed National Activity Index | MediumM | Actual | Forecast 2.55 | Previous -0.29 |
| 14:00 | 03:46:24 | USD | 14:00 Existing Home Sales MoM | MediumM | Actual | Forecast -2.3% | Previous 11.8% |
| 14:00 | 03:46:24 | USD | 14:00 Existing Home Sales | MediumM | Actual | Forecast 5.31M | Previous 5.51M |
| 09:00 | EUR | 09:00 Government Budget to GDP | MediumM | Actual | Forecast | Previous -1% | |
| 09:00 | EUR | 09:00 Government Debt to GDP | MediumM | Actual | Forecast | Previous 86.8% | |
| 14:00 | EUR | 14:00 Consumer Confidence Flash | HighH | Actual | Forecast -7.2 | Previous -7.2 | |
| 14:00 | USD | 14:00 New Home Sales MoM | MediumM | Actual | Forecast -5.6% | Previous 4.9% |
Brent OilTechnical Analysis
Summary
- Moving AveragesBUY(18)
- IndicatorsBUY(3)
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 70.636 | 70.649 | 70.632 |
| MA (10) | 70.740 | 70.728 | 70.663 |
| MA (20) | 70.925 | 70.825 | 70.814 |
| MA (50) | 70.861 | 70.931 | 70.879 |
| MA (100) | 71.089 | 71.090 | 70.983 |
| MA (200) | 71.407 | 71.407 | 71.148 |
Trend Indicators
| MACD (12,26,9) | -0.0987 |
| ADX (14) | 21.7231 |
| RSI (14) | 40.2181 |
| Williams %R (14) | -74.6753 |
| Stochastic RSI (14) | 61.2164 |
| ROC (10) | -0.7727 |
| CCI (14) | -72.9319 |
| Ultimate oscillator (7,14,28) | 43.0525 |
| Stochastic Fast (14) | 25.3247 |
| ATR (14) | 0.2728 |
| BBands (20) | 0.945 |
Pivot Points
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | 70.309 | 70.414 | 70.520 | 70.625 | 70.730 | 70.835 | 70.940 |
| fibonacci | 70.414 | 70.495 | 70.544 | 70.625 | 70.705 | 70.754 | 70.835 |
| camarilla | 70.362 | 70.380 | 70.397 | 70.625 | 70.852 | 70.869 | 70.869 |
| woodie | N/A | 52.758 | 35.207 | 52.968 | 35.417 | 53.178 | N/A |
| demark | N/A | N/A | 70.572 | 70.651 | 70.782 | N/A | N/A |
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |
