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🔴 $BRENT -3.9% — live discussion
$BRENT is moving hard: -3.88% on the day, now at 96.78.
Day range: 95.14 – 101.16.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
$BRENT is moving hard: -3.88% on the day, now at 96.78.
Day range: 95.14 – 101.16.
What's driving it? Are you positioned? Drop your read below. 👇
This drop seems to be driven by easing supply concerns from the Middle East. I'm not positioned, but I'm watching to see if it holds support around 95.
This dip in Brent seems more related to the broader market sentiment and fears of a global slowdown impacting demand, rather than any specific news out of the oil sector itself. Curious to see if it holds support around 95.