Commodities
Saudi Pipeline Flows Recover Amid Crude Price Rally
Crude oil prices eased from their session highs on Monday after reports that Saudi Arabia had restored flows through its East-West pipeline following repairs.
The Brent crude futures, which serve as the international benchmark, gained $1.04 to settle at $105.28 per barrel, but this was below their peak of $108.83.
The US West Texas Intermediate (WTI) crude futures rose $0.19 to close at $92.60 per barrel, also falling short of its intraday high of $96.54.