Oil prices remain stable despite rise in US crude stockpiles
Markets are trying to balance reopening optimism with unknowns surrounding economic uncertainty from a secondary Covid-19 outbreak
18 June 2020 - 10:59
London — Oil prices were broadly stable on Thursday as Brent erased losses in early European trading ahead of a meeting of Opec members and their allies against the backdrop of demand concerns over new coronavirus cases in China and elsewhere.
Brent crude futures were up two cents at $40.73 a barrel at 7.25am GMT. US West Texas Intermediate (WTI) crude futures dropped 14c to $37.82 a barrel...
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