Rebound to $65: trade tensions ease, comeback in fundamentals
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Rebound to $65: trade tensions ease, comeback in fundamentals

After a sharp selloff in late April and early May, Brent crude prices bottomed out at USD 58.

5 per barrel on Monday, May 5th – the lowest level since April 9th. This was a natural reaction to higher-than-expected OPEC+ supply for both May and June.

Over the past week, however, oil prices have rebounded strongly,.

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