Crude futures climbs amid tightened supply and demand outlooks

MOSCOW (MRC) -- Crude futures edged higher June 22 as the market weighed a tightening global supply picture against uncertain demand outlooks amid a spike in COVID-19 cases around the world, reported S&P Global.NYMEX July WTI settled 71 cents higher at USD40.46/b and ICE August Brent settled up 89 cents at USD43.08/b. Front-month WTI last settled above USD40/b on March 6.BofA Securities

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