NYMEX WTI ticks above $32/b as June contract expires without drama

摘要

NYMEX WTI crude oil futures climbed Tuesday to their highest values inmore than two months as the front-month June contract expired,avoiding any repeat of last month's dive into negative pricing.WTI pricing continued its steady momentum Tuesday - althoughICE Brent ticked slightly downward - as the expiring June contractjumped by 68 cents/b and settled at $32.50/b. ICE June Brent dipped16 cents/b to $34.65/b as the gap between WTI and Brent continued tonarrow on improving market fundamentals in North America.