Oil Rises For Fifth Straight Session OnMideast Tensions And US Data

Independentng | 14-08-2024 05:28pm |

Oil prices were up by more than $1 a barrel on Monday, rising for a fifth consecutive session on intensifying Middle East supply risks and fading fears of a possible U.S. recession. Brent crude futures were up $1.32, or 1.6%, at $80.98 a barrel U.S. West Texas Intermediate crude futures rose $1.63, or 2.1%, to $78.47. Iran [...]

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