Oil prices rise on OPEC+ discipline, strong demand outlook
MELBOURNE (Reuters) – Oil prices rose on Wednesday after OPEC and its allies stuck to their plan to cautiously return oil supply in June and July while expecting fuel demand to rebound strongly during the U.S. summer.
FILE PHOTO: Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson
U.S. West Texas Intermediate (WTI) crude futures rose 32 cents, or 0.5%, to $68.05 at 0201 GMT, extending a 2.1% gain…
