CRUDE SUMMARY: Prices gain on stock market strength and Middle East risk

摘要

Rising global stock markets and political tensions in the Middle East bolstered crude prices in the morning. Brent opened in positive territory and WTI slightly below the last session's close, but both made strong gains at the start of Asian trading. A strong initial performance from global stock markets helped oil climb, though trading was muted in the United States and China due to national holidays. A stronger dollar muted the upside potential.