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Brent reverses to 107.7, back below 110 and Monday's settle, as the reported US-Iran compromise plan spreads
Brent reverses to 107.7, back below 110 and Monday's settle, as the reported US-Iran compromise plan spreads
- Brent December about $107.65 at / 14:23 GMT vs Monday's $109.55 settle, after a five-month high near $111.97 earlier today
- WTI about $96.97 vs $98.54 prior; S&P 500 futures about 7,770 vs 7,734.5 prior
FO view: The settle at about / 18:30 GMT is the test, and with neither government confirming the plan and drones still reaching Riyadh, the Gulf risk premium can rebuild quickly.
Not investment advice.