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Brent crude slips underneath $71 again
Earlier today the noted push higher in Oil prices delivered a rebound high for November Brent at $72,28. It was already stepping back from that high when that update was sent out and now it has fallen back further. Brent has just dropped to set a new session low around $70.82 That means it is close to the lows seen yesterday and on Friday, when it based out at $70.61 and $70.65 respectively. To be honest, right now it looks like it wants to take those lows out as it awaits the latest OPEC monthly report. Brent for October delivery is currently trading at $70.84
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