Brent rebound is likely as Biden-sanctions are creating painful tightness

Bearish week last week and dipping lower this morning on China manufacturing and Trump-tariffs.

Brent crude traded down 4 out of five days last week and lost 2. 8% on a Friday-to-Friday basis with a close of USD 78.

5/b.

It hit the low of USD 77.

8/b on Friday while it managed to make a small 0.

3% gain.