Brent Rebounds From Six-Month Low. Forecast as of 13.03.2025
Brent quotes slide as markets fear a recession in the US, trade wars, and increased production. However, data shows the US economy is not falling into a recession. Let's discuss this topic and make a trading plan for Brent.
Major Takeaways
Trade wars will slow oil demand. Lifting sanctions on Russia will increase supply. OPEC+ intends to increase production. Brent can be sold on a pullback from $72.2 and $73.5 or a drop below $70.15.
Brent Rebounds From Six-Month Low. Forecast as of 13.03.2025
Brent quotes slide as markets fear a recession in the US, trade wars, and increased production. However, data shows the US economy is not falling into a recession. Let's discuss this topic and make a trading plan for Brent.
Major Takeaways
Trade wars will slow oil demand. Lifting sanctions on Russia will increase supply. OPEC+ intends to increase production. Brent can be sold on a pullback from $72.2 and $73.5 or a drop below $70.15.
On Tuesday, some local media outlets included Sing Tao Daily cited sources as saying the Hong Kong government was considering restricting access to Telegram. Privacy Commissioner for Personal Data Ada Chung told to the Legislative Council on Monday that government officials, police and lawmakers remain the targets of “doxxing” despite a privacy law amendment last year that criminalised the malicious disclosure of personal information. Matt Hussey, editorial director of NEAR Protocol (and former editor-in-chief of Decrypt) responded to the news of the Telegram group with “#meIRL.” Select “New Channel” 6How to manage your Telegram channel? The initiatives announced by Perekopsky include monitoring the content in groups. According to the executive, posts identified as lacking context or as containing false information will be flagged as a potential source of disinformation. The content is then forwarded to Telegram's fact-checking channels for analysis and subsequent publication of verified information.
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