Tighter supply keeps oil prices steady
Brent is hardly changed but concern about the rise in coronavirus infections keeps it under pressure
22 June 2020 - 11:39
London — Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by the concern over a record rise in coronavirus infections worldwide that could stall a recovery in fuel demand.
Brent crude rose 10c, or 0.2%, to $42.29 a barrel by 8.26am GMT, while US crude for August delivery was at $39.87 a barrel, up 4c, or 0.1%...
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