BRENT

BRENT The market structure on the oil side is still pointing down. We can assume that the progress will be mainly bearish as long as it is not settled above 83.It seems possible that the price will be pulled back to the $76-77 region as a result of the relaxations. There are still untapped liquids. Support: 77.70 Resistance: 80.75 – 82.30 - 83