Reported about 3 hours ago
Oil prices increased on Monday as investors reacted to Ukrainian drone attacks on Russian refineries and pressure from U.S. President Trump on NATO nations to stop buying Russian oil. Brent crude rose 0.63% to $67.41 per barrel, while U.S. West Texas Intermediate climbed 0.93% to $63.27. The increase is attributed to concerns over tight oil supplies and strong demand in China, despite some bearish economic data. Investors are also focusing on the upcoming U.S. Federal Reserve interest rate decision, which could affect fuel demand.
Source: YAHOO