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Julian Lee

Julian Lee latest

Oil Markets Scene: Small Steps on the Road to Recovery
June 23rd, 2020 - 12:30 GMT

Oil Markets Scene: Small Steps on the Road to Recovery

The price of Brent Crude more than doubled since mid-April, but is still down just shy of 50 percent from its January highs. Oil rallied six of the last seven weeks. West Texas Intermediate (WTI) pierced the $42 per barrel mark late Friday. On Monday morning in European trading, Brent stood at $42.34 per barrel and WTI at $39.75 per barrel. While this is positive, we should not get ahead ...
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