Selling down on a ”deal”

Selling down on a ”deal”.

Brent crude fell 6. 2% last week with accelerated weakness towards the end of the week.

Close of the week at $87.

33/b and low of the week (and on Friday) of $85.

8/b.

Brent is falling another 4% this morning to $83.

7/b on confirmation by Iran that a MoU text has been reached.