Oil Insights Bitesize with Harry Tchilinguirian | Mini Episode | Brent Flips on a Headline
Oct 01, 2024•2 min
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Episode description
After the Brent front-month December contract started the day (UK time) testing the $70/bbl handle - seemingly ignoring tension in the Middle East - the market's flipped. The contract is trading above $73/bbl at time of filming after a Tweet led to a headline that an Iran strike on Israel may be imminent. Group Head of Research Harry Tchilinguirian gives his assessment of the situation.
Will we see more headlines like this? Will Brent continue to go up? Time will tell, but one thing's clear: One headline can make all the difference.
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