The price of oil above $ 50 is a miracle, and $ 57 is generally a Christmas present.

Brent crude oil price online

The price of Brent oil continues to correct after an impressive increase amid the extension of the OPEC + deal until the end of February. Taking into account the current global lockdown, oil prices above $ 50 are generally a miracle, and $ 57 is a Christmas present, so profit-taking is quite logical.

In the current situation, we expect that quotations will gradually fall on expectations of a spring increase in production volumes in the region of $ 48-50, if there is no sudden important news.

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Libertex [CPS] WW



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