{"id":5860,"date":"2023-11-30T12:29:41","date_gmt":"2023-11-30T04:29:41","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=5860"},"modified":"2023-11-30T12:29:41","modified_gmt":"2023-11-30T04:29:41","slug":"focus-on-brent-oil-today-30th-november-2023","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/vn\/focus-on-brent-oil-today-30th-november-2023\/","title":{"rendered":"Focus on BRENT OIL Today \u2013 30th November 2023"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color has-medium-font-size\"><time datetime=\"2023-11-30T12:29:41+00:00\"><a href=\"https:\/\/www.umtradings.com\/vn\/focus-on-brent-oil-today-30th-november-2023\/\">November 30, 2023<\/a><\/time><\/div>\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>Comprehensive Brent Oil Analysis for 30th November, 2023<\/strong><\/h1>\n\n\n\n<p class=\"has-medium-font-size\">In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 30th November 2023.&nbsp;<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Brent Oil Analysis Key Takeaways\u00a0<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.ft.com\/content\/47223166-55ba-4438-a45f-0455bcbea27e\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Be wary of crude oil plunge\">Be wary of crude oil plunge<\/a><\/strong>: More and more people expect that OPEC+ may further cut production at a meeting later today, which will supplement the voluntary production cuts by Saudi Arabia and Russia. But if the outcome of the OPEC+ meeting disappoints, the oil market will face downside risks.\u00a0<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong><a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=44256\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Demand is declining\">Demand is declining<\/a><\/strong>: The latest EIA inventories indicate that demand is declining. Commercial crude oil inventories excluding strategic reserves increased by 1.610 million barrels to 450 million barrels, an increase of 0.36%. The EIA Strategic Petroleum Reserve inventory in the United States for the week to November 24 was the highest since the week of June 9, 2023.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Brent Oil Technical Analysis\u00a0<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Brent Oil <mark class=\"has-inline-color has-black-color\">Daily Chart Insights<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"457\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/1-21.png\" alt=\"Brent Oil Daily Chart Insights By Ultima Markets MT4\" class=\"wp-image-5861\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/1-21.png 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/1-21-300x199.png 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Stochastic Oscillator<\/strong>: The indicator has risen above the 50 mid-line, but the market price has not risen significantly, suggesting that the current trend is more likely regarded as rebound.\u00a0<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Resistance area<\/strong>: The black 33-day moving average and the central axis of the downward channel form a joint resistance area. If the market wants to continue to rise, it needs to break through this resistance area.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Brent Oil <mark class=\"has-inline-color has-black-color\">1-hour Chart Analysis<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"457\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/2-21.png\" alt=\"Brent Oil 1-hour Chart Analysis By Ultima Markets MT4\" class=\"wp-image-5862\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/2-21.png 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/2-21-300x199.png 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\"><strong>Stochastic oscillator<\/strong>: The indicator is about to form a dead cross, but you cannot easily enter the market to go short before there is a clear short signal.&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Fibonacci Extension<\/strong>: Based on the upward trend in mid-November, oil prices are currently at the 61.8% expansion level, and there is downward pressure.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Ultima Markets MT4 <mark class=\"has-inline-color has-black-color\">Pivot Indicator<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"457\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/3-15.png\" alt=\"Ultima Markets MT4 Pivot Indicator for Brent Oil\" class=\"wp-image-5863\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/3-15.png 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/11\/3-15-300x199.png 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">According to the pivot indicator in <a href=\"https:\/\/www.umtradings.com\/trading\/trading-platforms\/mt4\/\" target=\"_blank\" rel=\"noopener\" title=\"Ultima Markets MT4\">Ultima Markets MT4<\/a>, the central price of the day is established at 82.572,\u00a0<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Bullish Scenario<\/strong>: Bullish sentiment prevails above 82.572, first target 84.054, second target 84.812;&nbsp;<\/li>\n\n\n\n<li class=\"has-medium-font-size\"><strong>Bearish Outlook<\/strong>: In a bearish scenario below 82.572, first target 81.831, second target 80.297.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion\u00a0<\/strong><\/h2>\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Comprehensive Brent Oil Analysis for 30th November, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 30th November 2023.&nbsp; Brent Oil Analysis Key Takeaways\u00a0 Brent Oil Technical Analysis\u00a0 Brent Oil Daily Chart Insights Brent Oil 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion\u00a0<\/p>\n","protected":false},"author":13,"featured_media":5864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[6,11],"tags":[138,139,49],"class_list":["post-5860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-eia","tag-oil-brent","tag-opec"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/5860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/comments?post=5860"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/5860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media\/5864"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media?parent=5860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/categories?post=5860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/tags?post=5860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}