- WTI and Brent climbed and was seen highest since March 10.
- US, Japan, UK continue to ease lockdowns by taking down restrictions on trade and non-essential travel.
- Price recovery could prompt US shale oil production increase.
Crude futures settled higher amid signs that the continued reopening of economies in the US and Europe could bring balance to oversupplied oil markets in coming weeks, write Chris van Moessner and Starr Spencer for Platts.
NYMEX July WTI settled $1.10 higher at $24.35/b and...
https://mfame.guru/economic-restarts-put-a-positive-spin-on-crude-futures/