Crude oil comment: Ticking higher as tariff-panic eases. Demand growth and OPEC+ will be key

Higher last week along with equities and Iran sanctions.

Brent crude gained 2. 4% last week.

It closed the week at USD 72.

16/b and traded within a range of USD 69.

9 – 72.

51/b with the high of the week being set on Friday.

New US sanctions towards Iran was one of the drivers while a continued rebound.