Crude Oil Futures Appear to Find Support Around $70/bbl

摘要

Crude oil futures continued trends established late last week on Monday. There was little change in sentiment as concerns remained about the prospects for demand recovery but support for prices held near $70 per barrel. January Brent on ICE Futures gained 1￠ to close at $71.89/bbl after inching up just 2￠ on Friday. The contract expires Wednesday.