Oil rebounded as investors refocused on supply tightness
Oil rebounded as investors refocused on supply tightness
International benchmarks for crude oil settled higher on Monday, 20 June 2022 as traders refocused on the supply tightness condition instead of the gloomy economic outlook.
Brent gained $1.01 or 0.9% to settle at $114.13/barrel.
U.S. West Texas Intermediate is off for holiday.