Mixed sentiment sees Brent crude ending the day broadly flat; establishes tight $73.75 to $74.82 range

Brent crude oil trades at $74.08 per barrel, after ending Friday at $73.85.

Brent Crude Oil's upper Bollinger Band® is at $78.28 and the lower is $72.42.

Despite muted price action in ICE Brent crude, chart analysis indicates it is positioned for a bullish run in the short term.

Meanwhile, mixed performances are seen in other Energy as Heating Oil increases 0.84% to trade around $2.43. Natural Gas is up 1.65%. Crude Oil moves 0.29% to trade around $69.36.

Moreover, United States Building Permits is expected tomorrow at 12:00 UTC. United States New Home Sales (May) scheduled to come out tomorrow at 14:00 UTC. United States Consumer Confidence is projected to outperform its last figure with 104. It previously stood at 102.3; data will be released tomorrow at 14:00 UTC.

Brent crude oil hit a significant low of $71.96 around 14 days ago, but has since recovered 2.63%.