Oil bounces back after hitting four-month lows

Oil futures trading around 20% below 2019 peaks reached in late April

Oil price: Brent futures gained 69 cents, or 1.1%, to settle at $61.97 a barrel
Oil price: Brent futures gained 69 cents, or 1.1%, to settle at $61.97 a barrelPhoto: REUTERS/SCANPIX
Published 4 June 2019, 23:25Updated 4 June 2019, 23:25
ProductionNorth America