Gelonghui May 20| Oil prices rose, but remained within a small range. Oil distribution rose 0crapsgamefree..4%, with a maximum of US$84.17/barrel, and WTI crude oil rose 0.4%, with a maximum of US$79.90/barrel. Analysts at ING said oil prices have been trading at less than $3.50 since early May.crapsgamefreeFor 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.
