Oil prices rise, tight supply back in focus

Oil prices rise, tight supply back in focus

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Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that could dampen demand. Brent crude futures climbed 71 cents, or 0.76 per cent, to $93.98 a barrel by 0809 GMT after settling…

#moscow #igmarkets #tonysycamore #federalreserve #saudiarabia #northernhemisphere #bakerhughes #expectations #goldmansachs

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