Brent reclaims the $75 level as traders consider a $100 oil price.
Oil rose beyond $75 a barrel on Wednesday as investors weighed the possibilities for a global economic rebound. Stocks were divided as investors weighed the prospects for a global economic recovery. Following another drop in US crude stockpiles, Brent crude increased 1% to $75.57 a barrel, while the US benchmark crude WTS is trading above $73 a barrel....for further reading click on https://businessday.ng/energy/oilandgas/article/brent-powers-back-above-75-as-traders-mull-100-oil/
Source: BusinessDay Newspaper Jun 23, 2021