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$BRENT -2.6% today — what's driving it?
$BRENT is moving hard: -2.64% on the day, now at 75.96.
Day range: 75.96 – 79.38.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 0 points
2 Comments
SSu/sanjay_s·1mo
Looks like demand concerns are outweighing supply cuts right now. Still holding my long-term positions, not looking to add at these levels.
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This drop on Brent is pretty significant. I'm wondering if it's mostly tied to the broader economic slowdown fears, or if there's a more specific supply-side factor I'm missing here.