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Brent crude not making any lasting headway so far today

Yesterday Oil prices rebounded again and that saw the price of Brent crude for November deliver climb back above $84 once more. However, the price then fell back into the European close ahead of the US NYMEX settlement. So, Brent later settled below $73 once more, but not much removed from the previous day. Brent settled just $0.01 lower, at $72.69. Today it has traded a range so far covered by $72.48 to $73.25. The high seen earlier this morning has now given way to that session low, but it is off that low just now, currently trading at $72.85
 

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