Jan 17, 2025 12:20 a.m.

Oil mixed on evolving COVID-19 situation

Oil mixed on evolving COVID-19 situation

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International benchmarks for crude oil settled mixed on Monday, 14 June 2021 after the UK announced the extension of the COVID-19 related movement restrictions, affecting the summer demand. Meanwhile, the situation in the US has eased substantially with daily air travel top 2 million for the first time since the pandemic, according to Bloomberg. 

Brent rose 17 cents to $72.86/barrel.

NYMEX fell 3 cents to $70.88/barrel.