MW: Oil trades above $70 a barrel on reopening optimism

MARKETWATCH reports:
Oil futures rose Tuesday, with the global benchmark, Brent crude, briefly pushing above the $70-a-barrel threshold for the first time since mid-March, as traders focus on reopening activity in the U.S. and Europe.
West Texas Intermediate crude for June delivery CL00, 0.51% CLM21, 0.50% was up 33 cents, or 0.5%, at $66.60 a barrel on the New York Mercantile Exchange. July Brent crude BRN00, 0.65% BRNN21, 0.65% was up 44 cents, or 0.6%, at $69.90 a barrel after trading at …

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Source: The Loadstar

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