FUTURES MOVERS By Myra P. Saefong, Mark DeCambre Oil heads higher Monday Bloomberg News/Landov Oil futures climbed Monday after ending last week at their lowest since mid-February on heightened concerns for the global economy and tariff tensions that could both potentially hurt demand for oil. Some analysts expect that crude prices may stabilize around the current levels, with the Organization of the Petroleum Exporting Countries’ “production cut efforts, geopolitical risks, and sanctions providing the upside,” said Balint Balazs, global commodity analyst at Schneider Electric. At the same ...
View full coverage on Google News