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Brent has a look above $82

Yesterday oil prices eventually made a move higher. The gains above $80 in Brent started to build just ahead of and after the 4pm London FX fix. That later led Brent for August delivery to settle $2.01 higher, at $81.63. That was above the 200 day moving average (at $81.57) and the move later extended to just above $82 ahead of the wider US market closes. The high seen was set at $82.17. It is a little lower this morning though and currently back underneath that 200 day moving average. The low seen so far today has been set at $81.37. Brent for August delivery is currently trading at $81.51 
 

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