Brent Oil May Rise Into $110.91-$111.91 Range
A projection analysis suggests Brent could rise into the stated range.
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Brent oil seen retracing to $86-$90.72 before Q4 uptrend resume
Brent crude oil is expected to retrace into a range of $86-$90.72 per barrel in the fourth quarter before re-testing a resistance zone of $110.71 to $111.92. A channel technique indicates a correction target around $90.72.