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Brent Oil Futures - Nov 24 (LCOX4)

Real-time derived
Currency in USD
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74.56
+0.91(+1.24%)
Real-time Data

Brent Oil Futures Discussions

DUMP EVERYTHING!!! GETTING OUT OF CONTROL!!!! *Brazilian Variant Is Found in U.S. (6:45 a.m. HK) - The first case of Covid-19 caused by an emerging Brazilian variant of the virus has been identified in the U.S., in a Minnesota resident who recently returned from a trip to Brazil. *Netherlands Riots Rage for Third Night (4:40 a.m. HK) *If the rich world doesn’t act urgently to help developing countries get their populations vaccinated, more virus mutations could render the CURRENT SHOTS INEFFECTIVE, United Nations Secretary-General Antonio Guterres said. *Merkel Says Pandemic Has ‘Slipped Out of Control
 come one, there are thousands of variant across the world and we're worrying too much about everything these days. Oil price is ignoring completely offer/demand/covid/lockdowns from 2 months and it will continue. Life must go covid or not covid
I agree. Life must go on, and will for most of us. But covid is her to stay, and oil will have to adhere to less demand coming from less tourism, and twindeling travel demand overall. People are learning to work from home. Go to concerts from home. Only way to keep prices up is to increase the selfinflicted cuts to production.
Peter Smith- you are presenting a very nice example of how tough attribution is in calling market behavior.   Price is paying attention to something you are missing.  We all have to make that basic decision- will we follow our own ideals or the market.   Trading against the market is a tough game- good luck.
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