11 November 2024: 16:30 GMT
The sucker got pushed off a cliff when Europe got fed up with such high prices and decided it was time to give it a good kick in the pants. And so went Brent flat price… down the rollercoaster, We’d be terrified to take such a ride. Precipitous is the only way to describe it. Europe didn’t like trading with a $74 price tag and decided $72 would be more fun. Or even $71 by late afternoon. Are the 60s calling for Brent again? For a third, conclusive time? La tercera es la vencida. Team America didn’t turn up and flat price kept going lower. Eventually, battered and bruised, it reached Europe’s close at $71.88/bbl.
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