Oil prices climbed Tuesday, rising alongside stocks with more states and countries easing lockdown measures and boosting demand for fuel. U.S. crude futures for delivery in July advanced 3.3% to $34.35 a barrel, continuing a recent recovery. Prices have rebounded from a collapse in March and April that sent front-month futures below $0 for the first time ever on April 20. The negative pricing meant holders of the futures had to pay buyers to take the contracts due to a lack of available storage.

Source: Wall Street Journal May 26, 2020 14:06 UTC