TACO (or Whatever It Was) Sends Oil Lower — Iran Keeps Choking Hormuz
Wild moves yesterday. Brent crude traded to a high of $114.43/b and a low of $96.
Wild moves yesterday. Brent crude traded to a high of $114.43/b and a low of $96.
When it starts to move lower it moves rather quickly. Gaza, China, IEA. Brent crude is down 2.
Down 4.4% last week with more from OPEC+, a possible truce in Ukraine and weak US data. Brent crude fell 4.
Brent crude inch higher despite bearish Chinese equity backdrop. Brent crude traded between 72.42 and 74.
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