Oil steadies after hitting 2-yr high as demand hopes face supply growth

Motor vehicle traffic, increased air travel helping recovery

Bouncing back: US shale oil output to climb by 38,000 bpd in July -EIA — Bouncing back: US shale oil output to climb by 38,000 bpd in July -EIAPhoto: REUTERS

Published 14 June 2021, 20:06Updated 14 June 2021, 20:06

International Energy Agency West Texas Intermediate USA Britain Europe