Brent Crude

BRENTREFERENCE

Tracks WTI with a wider geopolitical premium

Updated 2026-09-03T10:31:27.773Z

Live price

$94.12 ▲ +0.44%

Open

$93.67

High

$94.40

Low

$93.41

Prev Close

$93.71

Live Chart — TradingView

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Brent Crude confluence

NEUTRAL
61/100 BULLISH · MEDIUM confidence
0Neutral100

Biases

Macro NEUTRAL
Technical NEUTRAL
AI NEUTRAL

Supporting

  • Fed Policy — Fed funds 4.25% · stance 0.6
  • Real Yields — 10Y TIPS 1.52%
  • DXY — DXY 97.45 · down

Conflicting

  • Geopolitics reading 28 resists the bullish case

Invalidation

  • Real yields reverse against the thesis
  • Brent Crude loses key support/resistance
  • A surprise inflation or labour print flips the regime overlay

Scenarios

REFERENCE
Base case 55%
Consolidation 30%
Invalidation 15%
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Key levels

Resistance

$96.50

$98.80

Support

$90.40

$87.20

Invalidation

$85.00

Character

Regime

reflation

Volatility

medium

Liquidity

medium

Sentiment

55/100

Positioning & narrative

55/100

Global benchmark; spreads vs WTI matter

Brent is the marginal price-setter for European hedges.

AI view

Tracks WTI with a wider geopolitical premium.

Events that can move Brent Crude

DateEventRegionImp.PrevForecast