Brent falling like a rock with oil likely to flow from SoH until at least 3 November

Brent M1 moving below the 200 dma of $78.

7/b. Brent crude continued its move lower yesterday with a decline of 3.

3% to $77.

9/b.

This morning it is adding another drop of 1.

4% to $76.

8/b.

Israel bombing Lebanon during the weekend was a violence of the MoU and Iran was quick to declare the SoH closed again.