The market has largely baked in a repeat of the massive OPEC+ output cuts to be introduced in every of the following two months. The subsequent assembly is July 6 and a supply acquainted says Russia is open to supporting an extra enhance if the group deems it vital.
At this level, the market is extra mulling over value (put up Israel-Iran) and output for October and past.
WTI crude was final up 73-cents to $65.09.
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