3 October 2025: 09:30 BST
Does it want $65 or not? Brent bounced back off the $64 level and briefly looked like it wanted to get above $65 again at 10:00 BST, before dropping back. Was the bearishness flushed away yesterday? Well, Brent is stronger than it was at the end of yesterday’s trading, but still looks rather deflated. Spreads and flat price are going funky – read about the impact of the El Segundo fire on the next page!
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