Brent Oil Price Set to Charge $100? Brent Oil News & Chart Analysis

Oil prices fell about 2% on Thursday as the United States eased sanctions on Venezuela to allow more oil to flow globally, but fears that Israel’s military campaign in Gaza may escalate to a regional conflict kept a lid on losses.

Crude inventories fell by 4.5 million barrels to 419.7 million barrels, while gasoline fell by 2.4 million barrels to 223.3 million barrels.

Where do you think the price of Brent oil is headed? Let us know in the comments below and hit the like button if our analysis was useful!

00:00 Intro
00:17 Brent oil news update
06:58 Brent oil chart analysis
11:00 Recap

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