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Brent lifts above $74 on Wall Street Journal article
News out just now cites an article in the Wall Street Journal. That articles states that Saudi Arabia is to keep prices higher, rather than try to increase market share. That implies they are more interested in reducing supply rather than anything else. Of course the OPEC+ meeting is coming this week. If that WSJ article is in anyway correct it could imply further output restriction. So, Brent has just lifted above $74 for the first time this week and hence closer to the level noted here earlier. That is the 100 day moving average and in place at $74.46. Brent for February delivery is currently trading at $74.15
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Gold takes another hit
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Nasdaq 100 opens in the red
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US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
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