Brent (CO1) Down $1.41 Over Past 4 Hours; Entered Today Down For the 4th Day In A Row

Brent 4 Hour Price Update

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

Brent closed the previous 4 hours down 3.2% ($1.41); this denotes the 3rd consecutive candle it has gone down. 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 is down 1.78% ($0.76) since the day prior, 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 day prior in terms of percentage price change. The daily price chart of Brent below illustrates.

CO1

Brent Technical Analysis

The clearest trend exists on the 90 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 down 17 them.


“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