Brent (CO1) Down $0.14 On 4 Hour Chart, Started Today Down 0.32%; in an Uptrend Over Past 14 Days

Brent 4 Hour Price Update

Updated November 20, 2020 01:50 AM GMT (09:50 PM EST)

Brent entered the current 4 hour candle at $44.2, down 0.32% ($0.14) 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

44.2 was the closing price of the day for Brent, resulting in today being one in which price moved down 0.32% ($0.14) from the day prior. 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 the day prior. The daily price chart of Brent below illustrates.


Brent Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Brent’s price has gone up 8 of the previous 14 trading days.

“Energy Ellen” is the collective pseudonym used by several writers who contribute to our energy commentary who are passionate about the intersection of energy, economics, and investing. Follow Energy Ellen on social media: Instagram