RESTORING OIL DEMAND

PLATTS - 01 Jun 2020 - US President Donald Trump and Russian President Vladimir Putin spoke June 1 about the importance of implementing the OPEC+ oil supply cuts and stabilizing global oil prices, the Kremlin said in a statement.
The statement did not appear to move oil prices. At 1713 GMT, ICE August Brent was up 21 cents at $38.05/b while NYMEX July WTI was 39 cents lower at $35.10/b.
"The presidents addressed world oil market developments in the context of implementing the OPEC+ agreement," the Kremlin said. "It was stated that this multilateral…
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