Brent 4 Hour Price Update
Updated April 29, 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 1.28% ($0.85) since the day prior, marking the 2nd straight day an upward move has occurred. Relative to other instruments in the energy commodity asset class, Brent ranked 4th since the day prior in terms of percentage price change. The daily price chart of Brent below illustrates.
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. Or to view things another way, note that out of the past 30 days Brent’s price has gone up 18 them.