Oil market to remain range-bound at $60-$70/bbl: Rystad Energy

  • Claudio Galimberti, Chief Economist & Global Director of Market Analysis at Rystad Energy, shares his view on the oil market and adds that the "litmus test" for global oil demand would be the OPEC+ meetings in August and September. He adds that an increase in output from the oil production group would signal a change in positioning from price support to market share.