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Economy

Oil prices continue to rise

Oil prices continued their gains on Monday, as Brent crude headed toward a record monthly increase. Brent crude futures jumped $2.43, or 2.16 percent, to reach $115 per barrel, after closing up 4.2 percent last Friday. U.S. West Texas Intermediate (WTI) crude also rose to $101.50 per barrel, an increase of $1.86, or…

Oil prices continue to rise

Oil prices continued their gains on Monday, as Brent crude headed toward a record monthly increase.

Brent crude futures jumped $2.43, or 2.16 percent, to reach $115 per barrel, after closing up 4.2 percent last Friday.

U.S. West Texas Intermediate (WTI) crude also rose to $101.50 per barrel, an increase of $1.86, or 1.87 percent, following a 5.5 percent rise in the previous session.

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