Oil Prices Retain Strength Despite Uneven Recovery

摘要

Oil futures steadied on Thursday, taking cues from divergent recovery narratives outside the US and Europe, particularly a spike in Covid-19 infections in India. But the underlying bullishness was still pervasive among commodity traders. In London, the June Brent contract was up 8￠ and settled at $65.40 per barrel, rebounding 82￠ above its intraday low of $64.58/bbl.