🔴 Brent Oil ETC (BRENT.MI) is trading 3.85% down as Middle East exports recover

BRENT.MI is trading at €27.88 (-3.85%) as Middle East exports recover, easing near-term supply concerns.

• Exports have recovered toward pre-war levels.
• Reuters reported Brent down nearly 2% on October 6 amid higher exports and a G7 agreement to release emergency crude and diesel stockpiles.
• The G7 release of 100 million barrels added to supply relief and weighed on Brent-linked ETCs.