Benchmark crude oil prices appear to have consolidated around the $70/barrel mark, unable to break out into higher territory because of a lack of consensus on whether the perceived green shoots of an economic recovery are real or just imaginary....
Oil prices rebounded on June 23 as the U.S. dollar weakened against a basket of major currencies, adding hedge appeal of commodities. Light, sweet crude for August delivery gained 1.74 dollars, or 2.6 percent, to settle at 69.24 dollars a barr...
