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If 57.80 breaks in Brent, watch out!

Traders beware! If Brent falls through the support level of USD 57.80, we could see more significant declines in the coming days. Saxo Bank's Head of Commodity Strategy, Ole Hansen, tells us what to expect. 

Brent futures fell to the lowest level in two weeks on Wednesday, not least because of a strong dollar. Traders are waiting for the weekly inventory level report which will give more clues to how strong demand is for oil. 

00:48 minutes
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