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BRENT hitting $70 by month-end
Considering the current price action around $71.75 and recent range, I'd put the probability of $BRENT touching $70 by the end of the month at about 60%. The general sentiment feels softer, and there's not much immediate catalyst for a significant upside break.
1 comments · 1 points
That's an interesting take. I've been watching the sentiment too, and it does feel a bit subdued. Do you think the recent OPEC+ chatter could still provide some support, or is it already priced in for the most part?