Explosive growth in Brent oil: geopolitical threat pushes prices to new highs
Brent crude continues to rise amid geopolitical tensions, with prices breaking above 80.00 USD. Discover more in our analysis for 3 March 2026.
Technical outlook
On the H4 chart, Brent quotes have formed a Hammer reversal pattern after testing the lower Bollinger Band and continue their upward momentum in line with the signal.
Brent crude continues to rise amid escalating conflict between the US and Iran.
Read more - Brent Forecast
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
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The RoboForex Team