BRENT CRUDE OIL (LCOc1) TALKING POINTS
- Macro Environment Points to Continued Downside Pressure for Brent Crude Oil.
- CFTC data shows additional longs.
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BASICS OF BRENT CRUDE OIL
Brent Crude Oil opened the week marginally lower after demand-side fears continue to overwhelm forecasts despite the recent announcement of OPEC+ supply cuts. The macro…