Brent crude set to dip its feet into the high $50ies/b this week

Parts of the Brent crude curve dipping into the high $50ies/b.

Brent crude fell 2. 3% over the week to Friday.

It closed the week at $61.

29/b, a slight gain on the day, but also traded to a low of $60.

14/b that same day and just barely avoided trading into the $50ies/b.

This morning it is risk-on.