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Oil prices steady at lower levels- check out Brent crude this morning
Yesterday Oil prices got hammered again. The falls in Brent, as covered here a few times, saw the price later slide to a low at around $76.80. The rebound that followed saw it climb back towards $78, but that level was not reclaimed ahead of the close, where Brent later settled, $0.84 lower on the NYMEX exchange, at $77.24. The price action seen so far today has seen it steady at lower levels, but for the most part it is far from reversing much of the losses seen so far this week, since the weekend OPEC+ decision sent a mixed message on output quotas for the coming year. The range seen so far today has been covered by $77.10 to $77.70. Brent is currently trading at $77.43
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