Fortune | Oil Prices Are Now 40% Above Their 2016 Lows Fortune Oil prices rose on Monday, extending a rally that has lifted crude benchmarks by more than a third from this year's lows, as tightening supply and an improving global outlook strengthened the sentiment for a market recovery. U.S. West Texas ... Oil jumps as sentiment boosted; analysts warn of glut Oil jumps as sentiment gets boost, but analysts warn of ongoing glut Crude-Oil Prices Extend Gains as Market Turns More Bullish |