Economy

Brent Holds the Nineties on a Holiday

TL;DR

ET Now files Brent around 96 as U.S. markets sit closed. Print the nineties. Do not print a break above 100.

MSM Perspective

ET Now timestamped September 7. Position 5 named gasoline at a record. Monday does not clear 100.

X Perspective

Feeds treat a holiday premium as already a $100 close.

Brent printed around $96.45 and WTI near $92 as U.S.-Iran ship attacks kept a war premium in the market. [1] ET Now timestamped the move to September 7. [1] U.S. exchanges are closed. Print the nineties. Do not print a break above 100.

Gasoline at a record is the American pump. OPEC's Sunday hold is not a Tuesday sheet. Leave a later 100 to a later edition. Print 96. Print not a close above 100.

Print the nineties. Monday is not a break above 100. Ninety-six is still not one hundred. Print the nineties as Monday's named oil hold. WTI near 92 is still not 100. Print 96 as still the named holiday premium. A closed exchange is still not a $100 close.

-- THEO KAPLAN, San Francisco

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