Brent Crude Falls 2.5% Ahead Of OPEC+ Meeting
Brent Crude Falls 2.5% Ahead Of OPEC+ Meeting
Conversely, a rebound above the recent high of US$74.18 could target the resistance zone at US$74.95 to US$76.16, which comprises August lows and late October-November highs.The Brent crude oil price fell by over 2.5%, retreating from a high of US$74.18 on Wednesday, as markets prepared for the Organisation of the Petroleum Exporting Countries (OPEC+) meeting on Thursday.
布伦特wti原油价格下跌超过2.5%，从周三的74.18美元高位回落，因为市场为周四的石油输出国组织（OPEC+）会议做好准备。
The 22-member alliance is expected to extend production cuts into the first quarter of 2025 amidst concerns over declining demand.
预计这22个成员国联盟将延长减产至2025年第一季度，以应对需求下降的担忧。
The price drop suggests a potential move towards Monday's low of US$71.49. If this level is breached, key support between US$70.64 and US$69.91—representing October and November lows—may come under scrutiny.
价格的下跌暗示可能向周一的71.49美元低点移动。如果突破这个水平，70.64美元至69.91美元之间的关键压力位——代表10月和11月的低点——可能会受到关注。
Conversely, a rebound above the recent high of US$74.18 could target the resistance zone at US$74.95 to US$76.16, which comprises August lows and late October-November highs.
相反，若回升超过最近的74.18美元高位，可能会瞄准74.95美元至76.16美元之间的支撑位，该区间包括8月的低点和10月末至11月的高点。
IG
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