Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
Oil prices were rising on Monday morning, regaining some of last week’s 8% decline after China lowered its benchmark lending ...
Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China, the ...
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