⛽ Brent at the highest level since March 📈🔥

Brent is trading at the highest level since March after breaking above local consolidation range. Resistance at $46.50 is being tested currently. Strong decline in oil and gasoline stocks signalled by API is the main short-term factor fuelling price gains on the oil market. Apart from that, approaching hurricane Laura caused production facilities and refineries in the Gulf area to halt operations. However, the impact of the hurricane should be temporary and will be visible in next week's data.

Brent (OIL) breaks above local consolidation range and trades above $46 per barrel. Source: xStaiton5

3 November 2026, 7:00 AM

Morning wrap: Stock Indices Fall Again 🚩 Oil Tries To Rebound Following US Strike on Iran’s Qeshm Island (03.11.2026)

2 November 2026, 6:57 PM

Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥

2 November 2026, 4:57 PM

🚨Oil and gas in Europe in a panic sell-off

2 November 2026, 11:31 AM

Chart of the Day: Brent crude falls despite Trump's words about no desire to negotiate

Commodities

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