Brent crude remains range-bound, but technical signals are turning more constructive. A potential “golden cross” formation and stabilizing momentum indicators suggest a bullish move may be on the horizon, depending on inventory and demand data.
Key Levels: Support at $65.53 | Resistance at $71.41
Investor Takeaway: If oil breaks out above current resistance, it could reignite interest in energy stocks and inflation-sensitive sectors.
