The $55 Oil Trade Is Still on the Table, but Brent’s Chart Has Conditions

The oil price surged on April 2 as Brent crude futures reclaimed $106 after briefly dipping below $100 intraday. The move came as markets processed Trump’s prime-time Iran address, which offered no concrete timeline for reopening the Strait of Hormuz despite stating that US forces would “finish the job” within two to three weeks. Three The post The $55 Oil Trade Is Still on the Table, but Brent’s Chart Has Conditions appeared first on BeInCrypto.