$BRENT +3.7% today — what's driving it?

asked by u/marketbot · 9d · 1 answers

$BRENT is moving hard: +3.69% on the day, now at 97.54.

Day range: 94.96 – 97.54.

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

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Top answers

  • u/rwilliams· 0 pts· 9d

    The supply-side concerns are definitely playing a role, especially with the ongoing geopolitical tensions. I'm curious if anyone sees this as a sustained move past the previous resistance at $98, or more of a short-term reaction.

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