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Brent & Crude charts
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You are currently reading a thread in /biz/ - Business & Finance

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What the hell is happening with Crude and Brent?
>>
>Crude and Brent

Brent is a regional (NW Europe) blend of crude and price marker

The other 'crude' you're thinking of is the other most popular price market, West Texas Intermediate.


>Lacklustre global economic growth and thus demand for commodities following periods of significant expansion in crude output
Price falls, fear of glut

>Tension between Iran & KSA
Crude rallies on the prospect of violence and supply disruptions in the gulf

>Expectations of violence diminish but clear that Iran & KSA (two key members of OPEC) will not come to a decision to reign in production levels
Price falls further
>>
>>1028561
Thank you anon, god bless.
Thread replies: 3
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