CommoPlast

Oil flat as soft demand outlook counters by tight supply

Oil flat as soft demand outlook counters by tight supply



International benchmarks for crude oil were little changed on Tuesday, 27 July 2021 as supply tightness and accelerating vaccination rates were arrested by the spreading COVID-19 infection cases worldwide.

Brent for September rose 6 cents to $74.56/barrel.

WTI added 1 cent to $71.92/barrel.