THE settlement price for the September ICE Brent futures contract surpassed a key resistance point at US$50 per barrel (bbl) in the last days of July, after markets consolidated on data from the US, Opec and other non-Opec producers that seemed to hint at a gradual pullback in global oil oversupply.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!