#BrentDrops1.87%
๐ฅ OIL IS RECOVERING โ BUT INVESTORS STILL AREN'T BUYING THE STORY OF A SLOWDOWN. ๐ข๏ธ
Brent: US$ 92โ93, WTI: US$ 85โ86. Down 1.5%โ2%.
๐ The drop looks more like profit-taking than a sign of relief. Oil rose more than 5% last week amid US-Iran tensions.
New sanctions on Iran are expected to be announced by Scott Bessent โ the โeconomic D-day.โ
๐ฌ A pause before another move, or pricing in a de-escalation?
$PROM $TUT $UAI
๐ฅ OIL IS RECOVERING โ BUT INVESTORS STILL AREN'T BUYING THE STORY OF A SLOWDOWN. ๐ข๏ธ
Brent: US$ 92โ93, WTI: US$ 85โ86. Down 1.5%โ2%.
๐ The drop looks more like profit-taking than a sign of relief. Oil rose more than 5% last week amid US-Iran tensions.
New sanctions on Iran are expected to be announced by Scott Bessent โ the โeconomic D-day.โ
๐ฌ A pause before another move, or pricing in a de-escalation?
$PROM $TUT $UAI