Sunday, April 6, 2025
l inches up despite coronavirus-related demand concerns- oil and gas 360

Oil inches up despite coronavirus-related demand concerns

Reuters LONDON – Oil prices edged higher on Monday as the U.S. dollar weakened, although concerns about the impact on demand from rising coronavirus cases in India and other countries capped gains. Brent crude was up 32 cents, or 0.5%, at $67.09 a barrel by 1353 GMT, after rising 6% last week. West Texas Intermediate (WTI) U.S. oil was up