- OPEC and key ally Russia moved a conference call to discuss future output cuts.
- Brent for August settlement increased by $1.25 to $39.57 a barrel.
- West Texas Intermediate for July rose by $1.37 to $36.81 a barrel on the New York Mercantile Exchange.
- The Brent benchmark traded at the premium of $2.76 to WTI. Gasoil for June delivery added $20.25.
- Oil prices have soared thanks to record supply cuts by OPEC+.
- U.S. sanctions choked exports and two Mexican firms that had acted as intermediaries for...
https://mfame.guru/world-oil-and-bunker-market-witnesses-an-upward-trend/