Crude oil prices climbed on Monday after their biggest weekly drop since February as prospects for a Gaza ceasefire appeared slim.
Benchmark Brent crude futures rose 0.8 percent to $83.64 a barrel, while WTI crude futures were up a little over 1 percent at $78.90.
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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.