Oil futures go up for first time in four trading sessions

Maybe it was nervousness over the Presidential election. Or possibly it was because OPEC + plans to postpone plans to curb its production cuts. Then there is always growing worries about the impact of COVID-19’s surge in Europe.

Whatever, oil futures were up in Monday’s trading, representing the first increase in four trading session.

West Texas Intermediate crude for December finished the day up $1.02 at $36.81 a barrel, representing an increase of 2.9%.

December West Texas Intermediate crude rose $1.02, or nearly 2.9%, to settle at $36.81 a barrel on the New…

Brent crude, the benchmark in ICE European trading jumped 2.85% adding $1.02 to finish the day at $36.81.