Oil regained balance after stumbling in the previous sessionOil regained balance after stumbling in the previous session |
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International benchmarks for crude oil settled higher on Monday, 29 November 2021 as the market viewed the previous slump as overdone while waiting for further data on the new COVID-19 variant and its potential impact on the market.
Brent gained 72 cents to close at $73.44/barrel.
WTI increased by $1.80 to close at $69.95/barrel.