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May 6, 2024

Oil Futures Rise on Middle East Tensions

Oil futures rose on Monday over concerns of expanding tensions in the Middle East.

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel, while US West Texas Intermediate (WTI) crude futures were at $78.40 a barrel, up 29 cents, or 0.4%.

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European Stocks Start the Week Strong

European stocks closed on a bright note on Monday .The pan-European Stoxx 600 climbed 0.53%. Germany’s DAX jumped 0.96%, while France’s CAC 40 ended 0.49% up, while Switzerland’s SMI both ended higher by 0.49%. The London Stock Exchange was closed tod…

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