CRUDE SUMMARY: Oil futures struggle to regain momentum despite supportive 4m bbl draw in US stockpiles

摘要

LONDON (ICIS)--Brent futures were still struggling to break through the $70/bbl level on Wednesday, with US-China trade negotiations dragging on amid US threats of new tariffs. OPEC supply management and firmer US sanctions against Iran and Venezuelan were helping to support prices, with a tighter medium-to-heavy sour complex tilting prices on the upside.