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Brent on the rebound again as OPEC looms
The ARAMCO boss has been talking at a conference this morning in Riyadh. He is rather unsurprisingly talking up the outlook for oil demand next year, by around 1.5 million barrels. Well, blow me that is hardly a shocker and of course he has a 100% vested interest to talk his book. So, yesterday oil prices fell back and that saw the price of Brent crude for February delivery drop close to $71.50 as the wider European markets drew to a close. It later lifted into the NYMEX settlement and closed on that exchange, almost entirely unchanged, at $71.83. Following these comments from the ARAMCO boss this morning, Brent has risen back above $72.50, as OPEC wait in the wings this Thursday. Brent is currently trading close to session highs, at $72.54
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Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
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