CNBC reports:
– Brent crude had climbed as high as $43.41 a barrel but by 0239 GMT was trading up just 21 cents, or 0.5%, at $42.51.
– U.S. West Texas Intermediate (WTI) crude rose 2 cents, or 0.05%, to $39.57 a barrel, after earlier touching $40.44 earlier.
Oil crept higher on Monday, but gave up big early gains as optimism over major crude producers’ deal to extend record output cuts gave way to disappointment …
The post CNBC: Oil prices inch higher, 1-month supply cut extension falls short of market hopes appeared first on The Loadstar.
Source: The Loadstar
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