Crude Oil Price Pumps Higher as China Eases Restrictions and Russia is Forced to the High Seas - DailyFX


6/7/2022 12:00:00 AM2 years 10 months ago
by Daniel McCarthy

Crude oil holds the high ground as Chinese lockdowns ease, while supply remains tight with Russian oil leaking out over the oceans. Will WTI hit new heights?

Crude Oil, WTI, Brent, Russia, China, Backwardation, Volatility, OVX

  • Crude oil pricesare eyeing a topside run toward the March peak
  • China is easing restrictions that could release pe… [+2535 chars]

    full article...