Crude Oil May Extend Losses as Analysts See Brent Testing $90
Crude oil could extend losses in the coming sessions, with Brent crude projected to test the $90 to $92 per barrel range, according to analysts.
Crude oil may face extended losses in the upcoming week, with Brent crude projected to test the $90 to $92 per barrel range, according to analysts cited by Moneycontrol.
Market Outlook
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The commodity faces downward pressure as market participants monitor ongoing macroeconomic factors and inventory adjustments. Analysts point to potential support levels near the $90 mark as the market navigates current supply and demand dynamics.
Key facts
- Brent crude is seen testing $90 to $92 per barrel by analysts.
- Crude oil may extend losses in upcoming trading sessions.
Source: news.google.com
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