Oil mixed on evolving COVID-19 situation
Oil mixed on evolving COVID-19 situation
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.