Get started

CFDs on Brent Crude Oil

No trades
See on Supercharts
Overview
News Ideas

UKOIL chart

Key data points

Volume
—
Previous close
—
Open
—
Day's range
 — 

About CFDs on Brent Crude Oil

The Brent Сrude oil was originally produced from the Brent oilfield in the North Sea. About 2/3rds of all crude oil contracts around the globe include Brent Сrude oil, making it the most popular marker. Its relatively low density and sulphur content are the reasons why it’s described as light and sweet. One of the advantages is transportation since this type of oil is waterborne. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum and has a UKOIL ticker symbol.

Ideas

Strifor || UKOIL-09/29/2023Preferred direction: SELL Comment: The bearish sentiment for oil still continues. We remind you that our last short trading idea worked 100%. Now the seller’s task is to break through the support zone around level 92. Most likely this will happen in the very near future. The more global target o
7
Historical 138 Years Price Guide138 years of price history for US Stocks Priced in Oil. Uncanny 1999-2002 analog continues. We all know what happened to #gold, #silver, #crudeoil and #uranium after that period. Key notes: 1999 (peak spx priced in oil) 2020 (peak spx price in oil) 2002 breakdown 2023 breakdown 2007 (peak oil pri
Brent to $100Fundamentally all seems right for Brent to go to $100. Let us look at the technical side of analysis. We have the price in a rising channel, should the price remain in this channel we might see the $100 mark soon. Our date range is indicated by the two vertical line.
Long
UKOIL PRICE ACTIONFollowing the Strong Bullish presensce of UKOIL and commodities in general, it is quite obvious that the price of oil can still rally and it have also shown signs that it is still bullish Price hits the Bullish Ordeblock on the daily timeframe just before taking out the sellside Liquidity and then
Long
1
Brent - H4\D1Brent crude oil The channel is closed and consolidated, which allows us to expect a continuation of the upward movement towards the target of 96.14 (discussed in the previous analysis). What can you expect now? You can consider an entry from a breakdown of the level of 93.27. In the case of
Long
Oil Adoption ChannelPrice is consequence of demand. Demand is consequence of adoption. As more countries transit into industrialize countries, the demand for oil will increase at higher pace than the transition to other energies which requires an infrastructure which countries on transition to industrialize do not have
Long

See all ideas 

News Flow

Keep readingKeep reading

Related symbols

OilCL1!
Crude OilUSOIL
U.S. DOLLAR / WTI CRUDE OILUSDWTI
West Texas OilWTICOUSD
U.S. DOLLAR / BRENT CRUDE OILUSDBRO
Brent Crude OilBCOUSD