No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Brent’s Surge Runs Into Options Levels That Could Fuel Gains

Wednesday, July 8, 2026


Brent crude oil futures rose 8 percent on Wednesday, moving through price levels where large volumes of options contracts are held. The movement through these levels could trigger additional buying or selling activity tied to those positions.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-08/brent-s-surge-runs-into-options-levels-that-could-fuel-gains

Next story

Rocket Lab’s stock could surge 250% as the company takes a page out of SpaceX’s book, analyst says