Brent (CO1) Up $0.3 in Last 4 Hours; Entered Today Up 0.7%

Brent 4 Hour Price Update

Updated July 07, 2020 07:07 AM GMT (03:07 AM EST)

43.1 was the closing price of the four-hour candle for Brent, resulting in the current 4 hour candle being one in which price moved up 0.7% ($0.3) from the last 4 hour candle. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 5th for the four-hour candle in terms of price change relative to the last 4 hour candle.

Brent Daily Price Recap

43.1 was the closing price of the day for Brent, resulting in today being one in which price moved up 0.7% ($0.3) from yesterday. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 5th for the day in terms of price change relative to yesterday. Below is a daily price chart of Brent.

Brent Technical Analysis

Volatility for Brent has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 21 out of the past 30 days.