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Monday, June 14, 2021

Oil finishes out the week just below $65 per barrel

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Oil settles up $0.19 to $64.90 per barrel

The intraday high for the week was $66.76 on Wednesday and the high settlement was $65.63.

Crude is flirting with the March highs but there’s a big weekend risk with Iran discussions in Vienna, something I wrote about earlier.
Oil settles up $0.19 to $64.90 per barrel

On the flipside, US driving demand has been strong and national gasoline prices are near the highest since 2014.
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