Oil prices rise more than $1 in early trading

BEIJING (Reuters) – Oil futures rose more than $1 in early trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weaker than expected U.S. jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel by 0146 GMT. Brent crude futures were up 99 cents, or 1.39%, to $72.05 a barrel.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Weekly Recap: eToro Launches 24/5 Trading for Top 100 US Stocks, AETOS Surrenders FCA License

    • August 2, 2025
    Weekly Recap: eToro Launches 24/5 Trading for Top 100 US Stocks, AETOS Surrenders FCA License

    What Is the Difference Between Pip and Point in Forex?

    • August 1, 2025
    What Is the Difference Between Pip and Point in Forex?

    Interactive Brokers’ Trading Activity Jumps 27% as Client Assets Surge

    • August 1, 2025
    Interactive Brokers’ Trading Activity Jumps 27% as Client Assets Surge

    What Is the Gold Standard and Why Do Some Countries Want It?

    • August 1, 2025
    What Is the Gold Standard and Why Do Some Countries Want It?

    What Is The Difference Between Core and Headline Inflation?

    • August 1, 2025
    What Is The Difference Between Core and Headline Inflation?

    CySEC Implements EU Sanctions Rules Impacting CFD Brokers, Establishes National Unit

    • August 1, 2025
    CySEC Implements EU Sanctions Rules Impacting CFD Brokers, Establishes National Unit