Brent oil scores a lift from Saudi price rise, China optimism, while rising coronavirus cases pressure U.S. crude
Brent oil scores a lift from Saudi price rise, China optimism, while rising coronavirus cases pressure U.S. crude
Crude-oil futures on Monday settled on a mixed note, with the U.S. oil moves pressured by the growth in coronavirus cases, but international prices gaining on hopes of China’s perceived recovery from the pandemic.
Brent, the international benchmark oil, also was supported by Saudi Arabia’s decision to raise the premium of its benchmark grade crude, and all...