Brent (CO1) Down $0.1 Over Past 4 Hours, Came Into Today Up For the 8th Straight Day; in an Uptrend Over Past 14 Days

Brent 4 Hour Price Update

Updated February 11, 2021 01:53 AM GMT (09:53 PM EST)

Brent entered the current 4 hour candle at $50.01, down 0.2% ($0.1) from the previous 4 hours. Relative to other instruments in the energy commodity asset class, Brent ranked 4th since the previous 4 hours in terms of percentage price change.

Brent Daily Price Recap

Brent is up 0.62% ($0.38) since the previous day, marking the 8th straight day an upward move has occurred. Relative to other instruments in the energy commodity asset class, Brent ranked 2nd since the previous day in terms of percentage price change. Below is a daily price chart of Brent.

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Brent Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Brent’s price has gone up 10 of the previous 14 trading days.