Oil Now Faces Demand Uncertainty After Record Rebound From Crash

  • WTI surges 88% in May, but is well below early-2020 levels
  • Brent closes below WTI for the first time since 2016
Photographer: Bing Guan/Bloomberg
Lock
This article is for subscribers only.

Sign up here to follow key developments in the oil crisis and get regular updates in your inbox.

Oil posted its biggest monthly advance on record, just a few weeks after prices made a dramatic plunge below zero.