Trading

Oil Prices Jump $1 on Post Selloff Recovery


Oil futures jumped by a dollar in early trading today as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures were up 99 cents, or 1.39%, to 72.05 a barrel.

Source: Oman News Agency