Futures Movers: Oil hovers near 20-month highs as investors assess demand outlook

Oil futures trade higher, erasing earlier losses, as investors monitor a pickup in the spread of the delta variant of the virus that causes COVID-19 and await an OPEC+ decision on whether to further lift curbs on crude production.

Oil futures trade higher, erasing earlier losses, as investors monitor a pickup in the spread of the delta variant of the virus that causes COVID-19 and await an OPEC+ decision on whether to further lift curbs on crude production.