Brent's having a Black Friday Sale! - Flux News
Flux Insights

Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

Brent’s having a Black Friday Sale!

Trader Meeting Notes report cover

Halloween’s long gone but the oil market’s still busy spooking investors away with Brent prices diving to four-month lows and spreads currently in their contango era. Everyone’s debating the trajectory of oil demand over the next year with weak economic data out of the US and China. OPEC+ has further postponed its meeting from Nov 26 to Nov 30, and the heightened volatility and bearish sentiment off of this led to an exodus of positions at a 7-year high from United States Oil ETF (USO).

Subscribe to Flux to unlock this page

OR
Share on

Traders also read...

Follow Us

X    YouTube

Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

Flux News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.