Oil Ticks Higher After Challenging Week

 Crude edges up as investors look forward to release of slew of data this week

Crude Oil: $46.08 barrel, Natural gas: $3.024/MMBtu, Gold:$ 1266.10 per troy oz


News:

Crude prices rose for a second consecutive session Monday amid a supply disruption in Nigeria and as major producers said their deal to cut output is working.

U.S. crude futures rose 25 cents, or 0.55%, to $46.08 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose 14 cents, or 0.29%, to $48.29 a barrel on ICE Futures Europe.

The move higher comes after prices fell nearly 4% last week. Investors have…Read more.

Resource: WSJ


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