Brent oil attempts to settle back above the $75.00 level

neft-1Brent oil has also managed to rebound from session lows. From a big picture point of view, traders will stay focused on potential U.S. – Russia negotiations, which may have a material impact on the oil market.

A move above the $75.00 level opens the way to the test of the 50 MA at $75.81.

For a look at all of today’s economic events, check out our economic calendar.

Brent Oil

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