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Barclays Turns Less Cautious On Oil As Fundamentals Better Than Expected, Trade Tensions De-escalation Bolster Demand Outlook

ReutersJun 3, 2025 9:12 PM

- Barclays:

  • SAYS THEY TURN LESS CAUTIOUS ON OIL AS SPOT FUNDAMENTALS ARE HOLDING UP BETTER THAN EXPECTED, AND DE-ESCALATION IN TRADE TENSIONS BOLSTER OUTLOOK FOR RESILIENT DEMAND

  • SAYS THEY TURN LESS CAUTIOUS ON OIL ALSO AS SUPPLY HAS BEEN LARGELY IN LINE WITH EXPECTATIONS

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