- The market is cherry-picking data.
- Brent loses its grip on $40 per barrel.
It was déjà vu all over again. It was déjà vu all over again. The slump in crude oil prices that was anticipated after US crude and fuel inventory data failed to materialize in the previous session, supported by a weaker US dollar. For weeks, commodities, and stock market indices, particularly those in the United States, have been disconnected from real-world economic malaise. The market waited until overnight to react to yesterday's bad news, with Brent crude oil prices again