Oil regained balance after stumbling in the previous session
Oil regained balance after stumbling in the previous session
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.