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Brent Oil May Rise Into $110.91-$111.91 Range

A projection analysis suggests Brent could rise into the stated range.

BRN

Brent oil ICEEUR:BRN1! may rise into a range of $110.91 to $111.91 per barrel, as suggested by a projection analysis.Despite the sharp fall during the previous trading session, the market managed to stabilize around a support at $106.26 and break above a resistance at $109.08.The swift recovery sug…