{
  "id": 4821115,
  "title": "Brent: Uptrend eyes 102 and 110 – Societe Generale",
  "url": "https://urgent.news/2026/09/01/brent-uptrend-eyes-102-and-110-societe-generale",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T08:31:47.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/brent-uptrend-eyes-102-and-110-societe-generale-202609010831"
  },
  "original_language": "en",
  "account": "Societe Generale analysts observe Brent's price holding above important moving averages near $85/84, maintaining upward momentum amidst geopolitical tensions and rising energy prices fueling a wider bond decline. They emphasize a crucial resistance level at $95 and anticipate a potential breakthrough could pave the way for the July peak of $102 and forecasts around $108/110. Brent has persistently remained above the intersection of the 50-Day Moving Average and 200-Day Moving Average at $85/84, indicating strong upward momentum. The asset is currently confronting a multi-month downward trend line. The recent peak of $95, signifying a downward gap, serves as an interim challenge. Defending the support near $85/84 could facilitate the continuation of the uptrend. Should Brent surpass $95, a broader uptrend might materialize towards the July high of $102 and expectations of $108/110.",
  "summary": "Societe Generale strategists note Brent has held above key moving averages near $85/84, keeping upward momentum intact as geopolitical tensions and higher energy prices drive a broader bond rout.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Societe Generale sees Fed raising rates three times through March",
        "url": "https://urgent.news/2026/08/30/societe-generale-sees-fed-raising-rates-three-times-through-march",
        "published": "2026-08-30T19:16:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}