Brent 4 Hour Price Update
Updated February 05, 2021 02:02 AM GMT (10:02 PM EST)
The choppiness in the recent four-hour candle price action of Brent continues; to start the current 4 hour candle, it came in at a price of 50.01 US dollars, down 0.2% ($0.1) since the last 4 hour candle. Relative to other instruments in the energy commodity asset class, Brent ranked 4th since the last 4 hour candle in terms of percentage price change.
Brent Daily Price Recap
Brent is up 0.65% ($0.38) since yesterday, marking the 4th day in a row an increase has occurred. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 4th for the day in terms of price change relative to yesterday. Here is a daily price chart of Brent.
Brent Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 9 out of the past 14 days.