Brent (CO1) Down $0.76 Over Past 4 Hours, Came Into Today Down For the 4th Day In A Row; in an Uptrend Over Past 90 Days

Brent 4 Hour Price Update

Updated September 08, 2020 03:07 AM GMT (11:07 PM EST)

Brent came into the current 4 hour candle down 1.78% ($0.76) from the open of the previous 4 hours, marking the 4th candle in a row it has gone down. Relative to other instruments in the energy commodity asset class, Brent ranked 5th since the previous 4 hours in terms of percentage price change.

Brent Daily Price Recap

Brent is down 1.78% ($0.76) since the previous day, marking the 4th day in a row a decline has happened. Relative to other instruments in the energy commodity asset class, Brent ranked 5th since the previous day in terms of percentage price change. Here is a daily price chart of Brent.

CO1

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. For additional context, note that price has gone down 7 out of the past 10 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