Oil prices rise as Brent tops $72, gold retreats
after close1 source ↓written by the desknot a recommendation
- rising
- 0.55%
- $72.39
- 1.33%
- $70.15
- gas futures climbed
- 0.82%
Oil prices increased on Monday, with Brent crude rising 0.55% to $72.39 and WTI up 1.33% to $70.15. This uptick reflects ongoing supply concerns in the Middle East amid US-Iran tensions. Conversely, gold prices fell as investors show confidence that military exchanges won't escalate into a larger conflict.
• Natural gas futures climbed 0.82% to $3.306
• Gasoline rose 0.90% to $2.9836
• Heating oil added 1.30% to $3.2499
Not investment advice. For informational purposes only.