Oil prices rose slightly on Monday amid fading Omicron fears and lingering concerns over tightening supplies on the back of geopolitical tensions in Eastern Europe and the Middle East.
Brent crude futures for April delivery rose 27 cents, or 0.3 percent, to $87.35 a barrel, while U.S. West Texas Intermediate (WTI) crude futures for March settlement were up 27 cents, or 0.3 percent, at $85.41.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.