Brent Crude oil prices recovered supported by potential "maximum pressure" on Iran by the US.
OPEC+ maintained its current production policy, with a planned gradual increase in supply depending on market conditions.
Technical analysis indicates Brent Crude Oil faced support at the 100-day moving average.
Key support levels for Brent Crude Oil are identified at $76.35, $75.00, and $72.38, while resistance levels are at $77.68, $78.43, and $80.00.
Feb 04
by Zain Vawda