Brent oil prices fell below 110 dollars per barrel. The price of oil in this grade on the ice exchange fell by 6.39% and the minimum fell to 109.26 dollars per barrel. Brent prices were corrected after passing 117 dollars per barrel last week, and reached the highest since March 2026. Technical indicators suggest the market is "overbought," notes Bloomberg. Brent oil's 14-day relative strength index (RSI), a measure of the speed and amplitude of price movements, topped 74 on Friday. At the same time, the overbought zone for RSI starts at 70 points. Many traders see this as a sign of a possible pullback in price. Data: TradingView.

Brent oil prices fell below 110 dollars per barrel. The price of oil in this grade on the ice exchange fell by 6.39% and the minimum fell to 109.26 dollars per barrel. Brent prices were corrected after passing 117 dollars per barrel last week, and reached the highest since March 2026. Technical indicators suggest the market is "overbought," notes Bloomberg. Brent oil's 14-day relative strength index (RSI), a measure of the speed and amplitude of price movements, topped 74 on Friday. At the same time, the overbought zone for RSI starts at 70 points. Many traders see this as a sign of a possible pullback in price. Data: TradingView.