Forecast BRENT Crude oil prices — June 2016


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Quotes Brent showed growth above expectations last month. At the moment, there is a high potential for a drop in prices and the price of oil down in the rebound from the upper border of the descending channel.

Forecast BRENT Crude oil prices — June 2016

Forecast BRENT Crude oil prices — June 2016

Cancellation option will be a strong increase in oil prices BRENT above the $ 52 per barrel, which will provoke an increase in oil above the level of 60 dollars per barrel. We are trying to sell and are ready to increase the volume of oil sales in June 2016. Here is a major resistance level on the chart. Forecast

BRENT Crude oil prices — June 2016 suggests the drop in oil prices in the framework of the beginning of the descending pattern 1:1 with a view to a potential fall below $ 20 per barrel.


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