Buy price
113.215
113.215
113.186
Information regarding past performance is not a reliable indicator of future performance.
Brent settled at $116.72 on 23 Oct, its highest level since mid-2022, then eased as officials from Saudi Arabia, Turkey and Pakistan met Iranian leaders to calm tensions. Houthi attacks on Saudi targets continue, and Washington has hinted at more strikes on Iran.
The IEA says it is ready to release more emergency stocks. Higher oil also feeds inflation, which pushes interest rate expectations up and weighs on stocks.
Levels for 26–30 Oct: Support 108.8, 105 · Resistance 112.55, 116.72
Next catalyst: US-Iran headlines and the OPEC+ meeting on 5 Dec
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Crude Oil Brent
UKOIL
113.201
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