Oil prices jumped on Tuesday to extend gains from the previous session as expectations of an economic recovery in the developed world offset investor concerns over fuel demand in India.
Brent crude futures for July settlement jumped 1.8 percent to $68.75 a barrel, after having climbed 1.2 percent on Monday.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.