🟢 $BRENT +4.6% — live discussion

Likely geopolitical tensions fueling the move, especially with recent news out of the Middle East. Not positioned myself, but watching closely.

This move on Brent is definitely interesting. Wondering if it's mostly geopolitical tension pushing it, or if there's some underlying demand shift. Not in it right now, but watching closely.

This looks like a response to the recent drone attack on a Russian oil refinery over the weekend, tightening an already stressed supply picture. I'm not directly positioned on Brent, but it's certainly impacting related energy plays.

It's hitting the upper range of recent consolidation. Looks like supply concerns are back in the news, but the sustainability of this move past $90 still feels questionable.