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$BRENT +2.6% today — what's driving it?
$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. 👇
2 comments · 11 points
2 Comments
VVu/value_vik·1mo
Looks like continued supply concerns are pushing it. Not touching commodities personally right now; too volatile with the current geopolitical landscape.
4
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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.