Crude treads water as market looks to G-20 for direction

摘要

New York-Crude futures finished Tuesday’s session mixed as the market treaded water ahead of the G-20 summit beginning later this week in Osaka, Japan. ICE August Brent settled up 19 cents at $65.05/b while NYMEX August WTI fell 7 cents to $57.83/b at market close. In a preview of the OPEC+ meeting slated for July 1-2, Russia’s President Vladimir Putin and Saudi Arabia’s Crown Prince Mohammed bin Salman are set to meet on the sidelines of the G-20 summit.