ANALYSIS
NQ100 Finds Support from PPIApr 14
Eyes are on 112.45 in Brent oil
International Energy Agency’s recent statement that global energy security is under serious threat increased the supply concerns along with the tensions increased due to Russian invasion of Ukraine. Thus, if Brent stays above 112.45 level, we will follow 116.75 and 118.95 resistance levels in further rises. On the other side, 110.25 and 108.00 will be our supports in case of an ease of tensions in the markets.
