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Brent Oil Price Attempts Recovery – March 6, 2025 Forecast

Brent oil prices experienced a noticeable upward bounce after testing the $68.70 level in previous sessions, driven by stochastic indicators showing positive momentum. The...
HomeLatestCrude Oil Price Forecast Update - March 7, 2025

Crude Oil Price Forecast Update – March 7, 2025

Crude oil prices are currently showing strong bullish momentum, approaching the $67.05 mark and attempting to break through this level. This movement signals a potential recovery in the coming sessions, with the price likely to build an intraday upward wave.

The next key target for this rally is the resistance line of the bearish channel visible on the chart, indicating that the market may aim for higher levels in the short term.

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