Key Points
HOUSTON (Reuters) -Oil prices gained more than $1 by midday on Monday on expectations of higher demand and the risk of disruptions to shipping, analysts said.. Brent crude futures were up $1.06, or 1.3%, to $82.68 a barrel at 11:24 a.m..
Iran-aligned Houthi rebels in Yemen narrowly missed hitting a U.S.-flagged tanker on Saturday, the U.S. Central Command said..
Oil prices have been trading between $70 and $90 a barrel since November as rising U.S. supply and concern over weak Chinese demand offset OPEC+ supply cuts despite wars raging in Ukraine and Gaza...
As the Israel-Hamas conflict continues in the Middle East, White House national security adviser Jake Sullivan told CNN on Sunday that negotiators for the United States, Egypt, Qatar and Israel had agreed on the basic contours of a hostage deal during talks in Paris but were still in negotiations...
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