by Matthew V. Veazey
Monday, December 02, 2019
WTI and Brent crude oil costs recovered considerably Monday after plunging towards the tip of final week.
West Texas Intermediate (WTI) and Brent crude oil costs recovered considerably Monday after falling sharply late final week.
January WTI gained 79 cents Monday, settling at $55.96 per barrel. The contract traded inside a variety from $55.42 to $56.67.
Additionally transferring upward was February Brent, which added 43 cents to finish the day at $60.92 per barrel
Acknowledging that WTI added practically 1.5 p.c Monday, Tom McNulty – Houston-based managing director with Nice American Group – reminded Rigzone that the sunshine crude marker plunged through the second half of final week. Friday’s WTI settlement worth was 5.1…