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Oil Partially Recoups Friday Losses

COMMODITIES

Both WTI and Brent crude futures trade higher ahead of the Monday session, but both are still well short of Friday's best levels and last week's cycle highs.


  • Energy markets have received some support from middle-east tensions, after the Israeli Prime Minister traded barbs with Iran after an Israeli ship was damaged off the coast of Oman.
  • Gold and silver are both in the green by around 0.5%. Price action is muted, however, with gold trading wholly inside the Friday range so far Monday.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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