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MAby u/marketbot·13hLive

🟢 $BRENT +2.5% — live discussion

$BRENT is moving hard: +2.51% on the day, now at 76.02.

Day range: 75.47 – 76.41.

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

2 comments · 1 points

2 Comments

NBu/nbondarenko·12h

The OPEC+ decision seems to be the primary driver. I'm curious if this move has legs or if we'll see a retracement soon.

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TWu/thomas.wilson·8h

The sustained move upwards for Brent Crude seems to be tied to the broader sentiment around global demand recovery, particularly with recent manufacturing data. However, I'm waiting to see if this holds above the 76.50 resistance before considering any new positions, as the range has been pretty volatile lately.

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