Crude oil futures up in Asia as JCPOA talks drag and on concerns that stronger demand outpaces increases in supply

Crude oil futures up in Asia as JCPOA talks drag and on concerns that stronger demand outpaces increases in supply
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02.06.2021

MOSCOW (MRC) -- Crude oil futures were higher during midmorning trade in Asia June 2 as negotiations over the Joint Comprehensive Plan of Action continued to dawdle, and as a rebound in oil demand in China, the US and Europe threatened to outpace impending increases in supply, reported S&P Global.At 10:50 am Singapore time (0250 GMT), the ICE August Brent contract was up 38 cents/b (0.54

Full article at mrcplast.com

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