Khohlano ea Bochabela bo Hare e Matlafatsa Phaello ea Oli ea Beke le Beke; Brent E Koala ka $83/bbl

Tlhokahalo ea oli ea Crude le Phepelo ea Boemo ba Phepelo ea Phepelo ea Phepelo ea Pele

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 […]