Oil Prices Supported by Rise in Gasoline Futures

摘要

Oil prices edged higher on Monday, lifted by gains in gasoline futures. The session also saw a further contraction of Brent crude’s premium over Nymex WTI crude. US RBOB gasoline futures led the oil complex higher, settling nearly 4.57￠ higher at $2.9093 per gallon, with traders citing the approaching US summer driving season as a possible source of support.