Brent Rebounds From Six-Month Low. Forecast as of 13.03.2025
Brent quotes slide as markets fear a recession in the US, trade wars, and increased production. However, data shows the US economy is not falling into a recession. Let's discuss this topic and make a trading plan for Brent.Major Takeaways Trade wars will slow oil demand. Lifting sanctions on Russia will increase supply. OPEC+ intends to increase production. Brent can be sold on a pullback from $72.2 and $73.5 or a drop below $70.15.Weekly Fundamental Forecast for BrentDonald Trump's recent state
Read more »