Oil close to technical levels while EU nat gas is gripped by winter-panic

Brent crude converging to technical levels.

Brent crude has traded in a range of $90-95/b over the past five days. It pulled back 2.

4% yesterday to a close of $92.

17/b.

This morning it is trading close to unchanged at $92.

1/b.

That is just above the 100dma of $91.

9/b and the 50% Fibo level of $92.

6/b.

The.

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