Oil gains on US government shutdown optimism
Yahoo Finance·2025-11-10 09:40
By Enes Tunagur LONDON (Reuters) -Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world's top oil consumer, offsetting concerns about rising supplies globally. Brent crude futures rose 50 cents, or 0.79%, to $64.13 a barrel by 0916 GMT. U.S. West Texas Intermediate crude was at $60.28 a barrel, up 53 cents, or 0.89%. The U.S. Senate on Sunday moved forward on a measure aimed at reopening the federal government and ending a now 40-day shutd ...