Period: 16.01.2026 Expectation: 150 pips

Buying Brent crude up to $62.20

Today at 09:31 AM 4
Buying Brent crude up to $62.20

As of today, December 29, 2025, the outlook for Brent crude is leaning cautiously optimistic, with prices staging a recovery after last week's sharp downturn.

Key drivers for this trading session are as follows:

Geopolitical flare-up. A sudden escalation in the Middle East is now powering the oil rally. Reports of Saudi airstrikes in Yemen and Iran's announcement of a "full-scale war" against the US and Israel have reignited supply-side anxieties.

Demand glimmers. Providing a counterbalancing hope, China's pledge to expand fiscal support next year offers a potential tailwind for longer-term energy consumption.

Put simply, fuel is trying to claw back some of its year-end losses. With pre-holiday trading volumes being thin, global relations remain the key source of volatility. Looking further ahead into 2026, analysts project a continued downtrend toward the $56–$60 range, as a looming supply surplus hangs over the market.

On the charts, Brent crude has closed the gap at $60.00–$60.10. The next technical target is $62.20, which is likely where the price will set its sights in the coming days. Under that level, another unfilled gap may come into play.


The ultimate recommendation is to buy Brent crude. Profits are taken at $62.20. Stop Loss is placed at $60.50.

Calculate your open position so that a potential loss (protected by a Stop Loss order) is limited to 1% of your deposit. If your account balance does not allow entering a position of this size, it is better to skip the trade and wait for other market signals that meet low-risk criteria.

This content is for informational purposes only and is not intended to be investing advice.

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