Brent surpassed $77/barrel as OPEC+ failed to reach an agreement
Brent surpassed $77/barrel as OPEC+ failed to reach an agreement
International benchmarks for crude oil extended the firming trend on Monday, 5 July 2021 after OPEC+ concluded the meeting without achieving an agreement to bring back some of the curtailed output, leaving the market with tighter supplies as demand slowly come back.
Brent for September rosed 1.3% to $77.16/barrel.
There are no settlements on WTI because of the Independence Day holiday.