Brent is under 7 years high, after breaking 14 years correction

14 בינו׳ 2022

Brent oil is successfully pulled back to the top of its correction structure from 2008. Now it faces with critical high of 86.71$, that is not broken from 2014. It is clear with some precision that the target of double bottom pattern is the same historical high at 147.50$ per barrel.