Brent oil: brief foray below $84


(CercleFinance.com) – Strange scenario on Brent Oil, which plunged -4% in the morning to around $80.65 in London (the riots in China are worrying the markets), making a brief but bloody incursion under the crucial support of the $84.
But in the space of 3 hours, the losses were erased and the ‘Brent’ returned to equilibrium towards $83.95.
A first bearish alert has just been dismissed, but the next could send the barrel towards $72, the former low of 21/12/2021, then 65E, the support of 20/08/2021.

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