Brent (CO1) Down $0.1 Over Past 4 Hours; Moves Down For the 2nd Day In A Row

Brent 4 Hour Price Update

Updated April 22, 2021 01:54 AM GMT (09:54 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 came into today down 1.88% ($1.25) from the open of the previous day, marking the 2nd day in a row it has gone down. Relative to other instruments in the energy commodity asset class, Brent ranked 5th since the previous day in terms of percentage price change. Below is a daily price chart of Brent.

CO1

Brent Technical Analysis

Coming into today Brent is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Brent’s price has gone up 16 them.