Oil steady amid reports Opec and Russia closer to a deal
Brent benefits from news that Opec and Russia are moving closer to a compromise on the duration for extending oil output cuts
01 June 2020 - 12:44
London — Oil prices were steady on Monday helped by reports that Opec and Russia were closer to a deal on extending oil cuts but held back by renewed tension between the US and China.
Benchmark Brent crude was up 10c, or 0.3%, at $37.94 a barrel at 8.54am GMT. US crude had dipped 10 cents, or 0.3%, at $35.39 a barrel...
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