Martha Dowding
Research Associate, Flux
Decoding the Brent Breakout
M1 Brent futures rallied this week, from closing at $60.48/bbl on 06 Jan to a low of around $59.80/bbl on 07 Jan before it rallied....
M1 Brent futures rallied this week, from closing at $60.48/bbl on 06 Jan to a low of around $59.80/bbl on 07 Jan before it rallied to $64.00/bbl at the time of writing. This is testing the high from December. If the contract continues strengthening, it may be attractive to fill in the gap up from 06 Oct to around $65.30/bbl.....
Further contracts mentioned in the report below.
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A weekly premium report comprising movements in price action across key swaps and futures contracts
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