CommoPlast

Oil inched higher after OPEC+ forecast report

Oil inched higher after OPEC+ forecast report



International benchmarks for crude oil inched higher on Monday, 31 May 2021 after OPEC and its allies forecasted a large reduction in inventories would the group stick to the production plan.

Brent gains 31 cents to $69.32/barrel.

WTI is off for the Memorial Day holiday.