![Brent to drop the most on the weekly basis since February?](/s3-static/2024-05/david-thielen-R5Ob28wpWzo-unsplash.jpg)
03 MAY
13:57
Brent to drop the most on the weekly basis since February?
Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves.
Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.