Oil Rises on Shutdown Hope Ahead of Supply Data. Russia Remains in Focus
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2 Articles
Oil Rises on Shutdown Hope Ahead of Supply Data. Russia Remains in Focus
5 min ago Oil Rises on Shutdown Hope Ahead of Supply Data. Russia Remains in Focus. Oil prices were rising in early trading, supported by progress toward ending the U.S. government shutdown and as investors await a series of industry reports due later this week. Brent crude was up 0.4% to $63.88 a…
Oil prices rose on Monday, with Brent crude exceeding $64 per barrel (159 liters). Market sentiment was boosted by news that the current US government shutdown could soon end. This factor also outweighed concerns about rising oil volumes on world markets. Reuters and Bloomberg reported. Brent North Sea crude for January delivery was $64.22 (€55.55) per barrel by 7:07 a.m. CET, up 59 cents (0.91 percent) from the previous close. WTI light US crud…
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