Energy Watch

WTI crude oil prices as of 2 p.m., Tuesday, May 26 - $34 Even though OPEC+ is still somewat broken it has been able to maintain its 9.7 million barrels per day cut since May 1. Various countries are easing COVID-19 lockdowns and China’s keenly watched crude oil demand is taking a definite upswing. Bejing’s imports are currently averaging a more normal looking 13 million bpd, according to Reuters…