Brent Oil May See Pre-War Levels Again



The dollar, which is strengthened by the expectations that the US Federal Reserve (FED) will continue its aggressive tightening after the inflation data announced in the USA, continues to put pressure on brent oil. There is also the impact of President Biden's administration's plan to reinvigorate oil reserves. From this point of view, in brent oil, where the dissolution continues in the descending channel, psychological 90.00 support may come to the fore in case of permanent closures below the 91.25 level. In possible upward attractions, 94.65 and 96.00 resistances may be in question.