Benchmark US West Texas Intermediate and international Brent crude futures are higher on Monday, but the market is trading inside Friday’s trading range, signaling investor indecisiveness and volatility ahead.

The market is supported by reports that more Chinese cities eased COVID-19 curbs over the weekend. However, gains may have been limited by OPEC+’s decision to hold its production targets constant ahead of a European Union ban.

At 05:48 GMT, January WTI Crude Oil Futures are…



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