Brent dips below $120/b with risk appetite on the rise

08.06.2022

Oil prices were stable on Tuesday as the market balanced risk sentiment with supply concerns and the prospect of higher demand as China relaxes its COVID curbs.

Brent crude futures were down 38 cents, or 0.3%, at $119.13 barrel at 0926 GMT.

U.S. West Texas Intermediate (WTI) crude futures were down 25...