Crude holds a tight range near $82 as OPEC+ and China cancel each other out
Brent is not a crisis and not a boom. It is a standoff, and energy equities are priced that way.
Senior Markets Correspondent
Laptop displaying market charts and graphs
HOUSTON — Brent is not a crisis and not a boom. It is a standoff, and energy equities are priced that way.
Traders said the range is being defended by official producers on the downside and by a string of soft China demand prints on the upside — a market of small numbers.
Elena Vasquez
Senior Markets Correspondent
Covers Treasuries, the dollar, and the policy signals that reprice risk assets.
