Oil cools further amid some supply hope
Oil prices are marginally lower at the start of the week after enjoying a bit of a rebound on Friday. We appear to be seeing an interesting moment in oil where a tight market is being priced against a likely economic decline, even a recession, which could help to rebalance it.
And there may be other factors contributing in some way to the cooling-off, with Nigeria indicating that it will be able to hit its production quota by August having fallen well shor
27-06-2022 11:20 GMT
by Craig Erlam