Brent crude rally appears to be quite overdone, given that the fundamentals aren't particularly good.
IEA announced that Iran have almost reached pre-sanctions production levels, fuelling a glut further and quite outdoing the decreasing in production in the US.
$49 as a SL.
IEA announced that Iran have almost reached pre-sanctions production levels, fuelling a glut further and quite outdoing the decreasing in production in the US.
$49 as a SL.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.