Brent Crude Oil Futures Struggle to Maintain Price Above $103 a Barrel

Brent crude oil futures have repeatedly failed to sustain prices above $103 a barrel, indicating a key momentum indicator is holding back further gains and impacting the market outlook.

27 Apr, 19:26 — 27 Apr, 19:26

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marketwatchMostly Factual120d ago

This price for Brent crude is more important for the outlook than $100, charts show

Oil futures have tried and failed multiple times to get back above $103 a barrel, as a key momentum indicator has been held back.

By Tomi Kilgore

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Brent Crude Oil Futures Struggle to Maintain Price Above $103 a Barrel

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This price for Brent crude is more important for the outlook than $100, charts show

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