Brent crude rose +15% on Monday after an attack on Saudi oil companies over the weekend. Reports that the Saudis will be able to quickly restore production are not confirmed. The decline in supply reaches 5.7 million barrels/day – about 5% of global consumption. Oil may continue to grow – this is positive for Russia but negative for Europe.
Brexit: The meeting of British Prime Minister Johnson with the head of the European Commission Juncker ended to no avail. The deadline of October 31 is approaching, and there is no decision.
EURUSD under pressure.
We buy a break of 1.1110 up.
We sell from 1.0925 down.
