Brent

The price of Brent crude oil is close to the local support level. Which is clearly expressed on the chart at $71. Also on the chart you can see the trend resistance level, which presses the price to the horizontal support level. In the near future, a breakdown of the structure may occur, which could potentially push the price above $80. This may be affected by the geopolitical situation in Russia. Which is the leader of OPEC +