Oil remains choppy but flat and in lower range
Oil prices are relatively flat today, mirroring yesterday's session which was broadly choppy but ultimately directionless. Crude has rebounded strongly since falling toward its 2023 lows early last week but remains in its lower range, roughly between $70-$80 per barrel and it's showing little sign of breaking that in the short term.
While some believe the market will be in deficit later in the year, aided by the Saudi-driven OPEC+ cuts, which could
20-06-2023 04:51 GMT
by Craig Erlam
