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Brent for May delivery mostly sideways around $82 so far today

Yesterday was the first trading day for the May Brent crude contract on the platform and there was no update offered here, mostly because it was not doing a whole great deal to be honest with you. However, it did make a move later in the session, when it spiked from an earlier low at $81.50. Brent rose to $82.82 ahead of the wider European close, but it could not hold that move into the NYMEX settlement, where it later fixed, $0.21 lower at $81.91. The price action since then has been mostly sideways around a short-term pivotal level at $82. The range seen so far today has been covered by $81.68 to $82.32. It is just now trading at $82.18 

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