Brent Crude Oil to suffer further weakness, potentially to the March 2021 low at $60.27 – Credit Suisse Oil Brent Banks
Only a solid rise back above $93.78/102.57 would improve the technical picture
“Only a solid rise back above the crucial intersection of the 55 and 200-day averages, currently seen at $93.78/102.57, would improve the technical picture again, which is not our base case.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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