Brent (CO1) Down $0.1 Over Past 4 Hours, Started Today Up 2.11%; in an Uptrend Over Past 14 Days

Brent 4 Hour Price Update

Updated February 15, 2021 01:52 AM GMT (09:52 PM EST)

Brent entered the current 4 hour candle at $50.01, down 0.2% ($0.1) from the previous 4 hours. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Brent Daily Price Recap

The choppiness in the recent daily price action of Brent continues; to start today, it came in at a price of 62.43 US dollars, up 2.11% ($1.29) since the day prior. Relative to other instruments in the energy commodity asset class, Brent ranked 3rd since the day prior in terms of percentage price change. The daily price chart of Brent below illustrates.

CO1

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 additional context, note that price has gone up 10 out of the past 14 days.