Kusawirirana kweMiddle-East Kunowedzera Kuwana Kwevhiki Nevhiki Oiri; Brent Inovhara pa $83/bbl

Crude Mafuta Kudiwa & Kupa Imbalance Caps Kumusoro Pamberi Mberi

Crude oil prices are narrowly consolidating around an 11-month high. After bouncing about 20% from the March low, upward momentum appears to be weakening. Traders are increasingly worried about the outlook for demand, which could be hurt by a resurgence of coronavirus cases in China. Sentiment aside, the short-term supply & demand forecast suggests that […]