Gelonghui May 20| rising oil pricesl0t0p0l0nia, but it remains within a small range. Oil distribution rose 0l0t0p0l0nia.4%, up to 84l0t0p0l0niaAt US$.17/barrel, WTI crude oil rose 0.4%, reaching a high of US$79.90/barrel. Analysts at ING said oil prices have been trading at less than $3.50 since early May.l0t0p0l0niaFor intra-band trading, OPEC + and its second-half output policies may need to be more clear to provide impetus for the market to break through the recent range. Markets are waiting for OPEC's next move, and there are three possible scenarios for the June 1 meeting: extending, curtailing or completely canceling the voluntary production cuts of 2.2 million barrels a day.
