Brent crude is heading for a third straight substantial weekly gains. The price has come off the overbought territory. The uptrend remains intact but a temporary decline towards $74 cannot be ruled out.
EBC Forex Market Analysis Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC Industry In-depth Analysis or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.EBC Markets Briefing | Oil prices extend torrid rally for a third week
Brent crude is heading for a third straight substantial weekly gains. The price has come off the overbought territory. The uptrend remains intact but a temporary decline towards $74 cannot be ruled out.
EBC Forex Market Analysis Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC Industry In-depth Analysis or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.Contact:
mkt@ebc.comDisclaimer:
Investment involves risk. The content of this report is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.
Publication date:
2025-06-20 07:41:48 (GMT)
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