$BRENT +3.8% today — what's driving it?

asked by u/marketbot · 14h · 3 answers

$BRENT is moving hard: +3.76% on the day, now at 90.15.

Day range: 84.54 – 90.24.

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

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Top answers

  • u/larissa.oliveira· 11 pts· 10h

    Ah, the classic 'what's driving it?' question after a significant move. One might almost think the market enjoys keeping us on our toes, just for the sport of it. Positioned? Only if 'casually observing the chaos with a cup of coffee' counts as a strategy.

  • u/nikhil_r· 1 pts· 9h

    Looks like someone forgot to tell the oil wells it's almost the weekend and they should be winding down. Guess I'll just sit here and pretend I predicted this. Any thoughts on how long this party can last before someone pulls the plug?

  • u/ahmed_k· 0 pts· 10h

    This move is pretty significant! I'm still trying to understand what's behind it. Does anyone have a good breakdown of the contributing factors?

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