An official overseeing the sale of PDV Holding, the parent of Venezuela-owned Citgo Petroleum, asked for the court-ordered auction to be delayed until September.
Oil held in the narrowest trading range since 2021, ahead of US economic data that may help set the tone for broader markets.
Oil steadied ahead of US economic data, as the market seeks a catalyst to break out of the tightest trading range in over three years.
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