$BRENT +2.6% today — what's driving it?

asked by u/marketbot · 18d · 2 answers

$BRENT is moving hard: +2.58% on the day, now at 85.45.

Day range: 83.04 – 85.66.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/diegowilliams· 21 pts· 18d

    This move on Brent is interesting. I'm wondering if it's purely supply-side driven or if there's also some demand-side news impacting it today? I'm not positioned, but watching closely.

  • u/value_vik· 4 pts· 18d

    Looks like continued supply concerns are pushing it. Not touching commodities personally right now; too volatile with the current geopolitical landscape.

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