Crude futures fell Wednesday as the focus turned to a lack of consensus among OPEC+ members ahead of the group’s next meeting on June 8-10. Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX July crude settled at $32.81/b, down $1.54, while ICE July Brent settled at $34.74/b, down $1.43. “Oil’s rally stalled out after Russia signaled they want to unwind productions in July, a sign that the battle for market share will resume as crude demand improves,” said OANDA analyst Edward Moya. “Russia’s comments on easing cuts in July served as a reminder that higher prices and improved crude demand will likely see OPEC+ compliance go out the window.” While news that Russia’s oil ministry said global oil markets would balance in June or July pulled prices lower, […]