Brent Declines Amid Rising Inventories and Peace Hopes

13 ก.พ.

On February 13, 2025, Brent crude fell by 0.9% to $74.50 per barrel, driven by expectations of a potential peace deal between Ukraine and Russia, which could ease supply disruptions caused by sanctions. Additionally, U.S. crude inventories increased for the third consecutive week by 4.1 million barrels, surpassing analysts' forecasts. These factors, combined with new U.S. tariffs on steel and aluminum, have reinforced the bearish sentiment in the oil market.

18 ก.พ.

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Now the price is consolidating. Waiting for the liquidity grab and the bullish impulse.