Brent Crude has reached the level of $90 per barrel

01 February 2022 361
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First since October 2014, Brent Crude Oil has reached the level of $90 per barrel.

What happens next?

There is no consensus among analysts. Some think that the growth of oil to $100 per barrel and higher is possible, others by contrast predict the decline of black gold to $70 per barrel.

Today so far, we can say that the resistance of $86 has been broken down, tested, and overcome.

And the medium-term growth targets are $94 and $99 per barrel.

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

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