Crude oil futures climb in Asia on hurricane season concerns, pares losses after selloff

Crude oil futures climb in Asia on hurricane season concerns, pares losses after selloff
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25.05.2021

MOSCOW (MRC) -- Crude oil futures jumped during mid-morning trade in Asia May 24, as the market grew anxious of another above-normal hurricane season, while paring losses from a selloff during the week ended May 21 due to concerns over an influx of Iranian barrels into the market, reported S&P Global.At 11:39 am Singapore time (0339 GMT), the ICE Brent July contract was up 50 cents/b (0.

Full article at mrcplast.com

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