Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil prices climbed to $105.8 per barrel by 3:42 EST Monday, up 4.65% on the day. West Texas Intermediate (WTI) was trading at just over $102. Prices rose Monday as traders assessed the Saudi sentiment following U.
S. President Joe Biden’s meeting with the Crown Prince on Friday. On Sunday, Biden’s advisor on international energy affairs, Amos Hochstein, said Washington believed…$100+ Oil Is Back For The Long Haul
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